Original research
What the terms in this report mean
Look up the terms used in the study and its files.
A missing fact does not mean zero. Keep the source, date, and group with any number you use.
This 17-program sample is not the whole market and cannot predict your offer. CC BY 4.0 covers Rung-owned work, with third-party material excluded. This working report is public. Publisher review and third-party source clearance remain pending; no completed reviewer approval is claimed.
Use the source-defined meaning
- Advertised shelf terms
- APR, fee, amount, and term information published for a consumer-facing product on the snapshot date.
- APR
- The yearly borrowing cost shown as a percent under the lender’s disclosure method.
- Borrower orientation
- The center suggested by the strongest public borrower evidence. It is not an eligibility rule.
- Cash received
- The dollars delivered after a deducted origination fee.
- Comparability class
- A grade for whether funded evidence can support a shelf-to-funded contextual comparison.
- Creditor
- The legal entity that makes the loan and appears on the note.
- Evidence class
- The source-defined funded population, such as a selected pool, active portfolio, or all reported originations.
- Loan amount before fees
- The starting principal placed on the loan before a deducted fee.
- Funded evidence
- An official statistic about loans originated, held, serviced, or placed into a defined pool or channel.
- Net proceeds
- The loan amount before fees minus a fee deducted before the money reaches you.
- We could not confirm this
- The reviewed public source does not support a responsible answer. It does not mean zero or no.
- State amount override
- A published state-specific minimum or maximum that differs from the national amount.
- Target cash
- The amount a fixed Rung scenario aims to deliver after a deducted fee.
Two similar numbers can answer different questions
An advertised APR floor is a possible shelf term. A funded average APR describes a defined set of loans. An active-portfolio interest rate can cover several vintages or products. None can stand in for the others without the method allowing it.
Keep the population in the sentence
More about this research
Stop when the label loses the denominator.
A shorter claim is not clearer when it changes the population or certainty.