{ "schema_version": 1, "dataset_version": "personal-loan-funded-cost@2026-09-05.collection.3", "status": "internal-pilot-not-for-publication", "checked_date": "2026-09-05", "protocol_version": "0.4", "classification_name": "likely borrower credit orientation", "classification_rule": "Classify the center of the lender or channel using funded-borrower evidence first, provider-stated market focus second, and eligibility or shelf breadth only as a limitation. Never treat a minimum score, APR floor, or profile label as an approval prediction.", "controlled_categories": { "nonprime_center": "The strongest available evidence places the provider's stated or observed center among nonprime, limited-history, or rebuilding-credit borrowers.", "broad_credit_spectrum": "The evidence shows material reach across credit groups without a defensible single center.", "prime_center": "The strongest available evidence places the observed or stated center among stronger-credit borrowers, even if other profiles may qualify.", "not_established": "Public evidence is not sufficient to identify the center responsibly." }, "confidence_rule": { "high": "Current product-specific funded distribution, average, or explicit typical-borrower measure from an official or transaction source.", "medium": "Current stated market focus or a selected funded pool or channel that may not represent the full product.", "low": "Only broad shelf, eligibility, or rating-grade evidence; the center remains uncertain." }, "records": [ { "profile_record_id": "PL-PROFILE-PROSPER-20260905", "brand_name": "Prosper", "orientation_category": "broad_credit_spectrum", "reader_label": "Serves borrowers across several internal risk grades", "observed_or_stated_center": "No single FICO center established; Q1 2026 originations span Prosper Ratings AA through E, with an additional Other group.", "market_reach": "broad", "evidence_type": "funded_internal_risk_distribution", "numeric_evidence": { "risk_grade_basis": "share of Q1 2026 origination dollars", "AA": 16, "A": 29, "B": 18, "C": 12, "D": 10, "E": 10, "Other": 5 }, "evidence_population": "Prosper personal-loan originations during Q1 2026", "period_end": "2026-03-31", "source_ids": [ "PL-SRC-PROSPER-Q1-2026" ], "confidence": "medium", "eligibility_inference_prohibited": true, "limitations": [ "Prosper Ratings are not FICO bands.", "Dollar shares do not establish approval odds or the modal borrower count." ] }, { "profile_record_id": "PL-PROFILE-OPORTUN-20260905", "brand_name": "Oportun", "orientation_category": "nonprime_center", "reader_label": "Centers borrowers with limited or no conventional credit history", "observed_or_stated_center": "Oportun says many members have limited or no credit history and uses alternative data in underwriting.", "market_reach": "nonprime and thin-file focus", "evidence_type": "provider_stated_market", "numeric_evidence": null, "evidence_population": "Oportun members described in the 2024 annual report", "period_end": "2024-12-31", "source_ids": [ "PL-SRC-OPORTUN-2024-ANNUAL", "PL-SRC-OPORTUN-Q2-2026" ], "confidence": "medium", "eligibility_inference_prohibited": true, "limitations": [ "The source does not publish a current product-specific FICO distribution.", "Limited credit history is not the same as a low score." ] }, { "profile_record_id": "PL-PROFILE-UPSTART-20260905", "brand_name": "Upstart", "orientation_category": "not_established", "reader_label": "Broad platform; borrower center not established", "observed_or_stated_center": "The public platform evidence does not isolate a current FICO distribution for unsecured personal loans across lending partners.", "market_reach": "varies by lending partner and offer", "evidence_type": "insufficient_product_specific_evidence", "numeric_evidence": null, "evidence_population": null, "period_end": "2026-09-05", "source_ids": [ "PL-SRC-UPSTART-PRODUCT-20260905", "PL-SRC-UPSTART-Q2-2026" ], "confidence": "low", "eligibility_inference_prohibited": true, "limitations": [ "Upstart's more than 100 lending partners can apply different credit policies.", "A wide APR range does not establish the profile of funded borrowers." ] }, { "profile_record_id": "PL-PROFILE-HAPPEN-20260905", "brand_name": "Happen Bank", "orientation_category": "prime_center", "reader_label": "States a high-FICO, high-income target", "observed_or_stated_center": "Happen describes its target personal-loan customer as high-FICO and high-income.", "market_reach": "prime-centered stated target", "evidence_type": "provider_stated_market", "numeric_evidence": null, "evidence_population": "Management's stated target customer", "period_end": "2026-06-30", "source_ids": [ "PL-SRC-HAPPEN-Q2-2026-RELEASE" ], "confidence": "medium", "eligibility_inference_prohibited": true, "limitations": [ "This is management's target-market description, not a funded-borrower average.", "The source does not define high-FICO numerically." ] }, { "profile_record_id": "PL-PROFILE-SOFI-20260905", "brand_name": "SoFi", "orientation_category": "prime_center", "reader_label": "Funded personal loans center on stronger-credit borrowers", "observed_or_stated_center": "SoFi reported a 745 weighted-average FICO at origination for personal loans in Q1 2026.", "market_reach": "prime-centered", "evidence_type": "funded_weighted_average_fico", "numeric_evidence": { "weighted_average_fico_at_origination": 745 }, "evidence_population": "SoFi personal loans reported for Q1 2026", "period_end": "2026-03-31", "source_ids": [ "PL-SRC-SOFI-Q1-2026" ], "confidence": "high", "eligibility_inference_prohibited": true, "limitations": [ "An average does not describe the full distribution.", "The reported population may include Loan Platform Business originations and does not establish a minimum score." ] }, { "profile_record_id": "PL-PROFILE-ONEMAIN-20260905", "brand_name": "OneMain Financial", "orientation_category": "nonprime_center", "reader_label": "States a nonprime consumer focus", "observed_or_stated_center": "OneMain states that it seeks to be the lender of choice for nonprime consumers.", "market_reach": "nonprime-centered", "evidence_type": "provider_stated_market", "numeric_evidence": null, "evidence_population": "OneMain's stated consumer market", "period_end": "2026-06-30", "source_ids": [ "PL-SRC-ONEMAIN-Q2-2026" ], "confidence": "medium", "eligibility_inference_prohibited": true, "limitations": [ "The filing does not publish a product-specific FICO distribution.", "OneMain's portfolio combines secured and unsecured personal loans." ] }, { "profile_record_id": "PL-PROFILE-UPGRADE-20260905", "brand_name": "Upgrade", "orientation_category": "prime_center", "reader_label": "Prime-centered in its bank-purchase channel, with broader platform reach", "observed_or_stated_center": "Upgrade reports an approximately 731 weighted-average FICO for personal loans offered to financial institutions, while loans below 660 are usually sold to institutional investors.", "market_reach": "broad platform with a prime-centered bank-purchase channel", "evidence_type": "funded_channel_weighted_average_fico", "numeric_evidence": { "weighted_average_fico": 731, "weighted_average_income": 161000, "bank_purchase_program_minimum_fico": 660, "debt_consolidation_share_more_than": 80, "homeowner_share_more_than": 60 }, "evidence_population": "Personal loans in Upgrade's financial-institution purchase program", "period_end": "2026-09-05", "source_ids": [ "PL-SRC-UPGRADE-INSTITUTIONS-20260905" ], "confidence": "medium", "eligibility_inference_prohibited": true, "limitations": [ "The page gives no measurement period or denominator.", "The 731 average excludes many below-660 loans routed to institutional investors and therefore is not the full platform average." ] }, { "profile_record_id": "PL-PROFILE-BESTEGG-20260905", "brand_name": "Best Egg", "orientation_category": "prime_center", "reader_label": "Securitized unsecured loans center on prime borrowers", "observed_or_stated_center": "KBRA describes typical unsecured Prime customers as having a 725 average FICO and about $130,000 average income.", "market_reach": "prime-centered securitization channel", "evidence_type": "transaction_typical_borrower", "numeric_evidence": { "average_fico": 725, "average_income": 130000 }, "evidence_population": "Typical unsecured Prime customers in Marlette Funding Trust securitizations", "period_end": "2025-09-30", "source_ids": [ "PL-SRC-BESTEGG-KBRA-20260212" ], "confidence": "medium", "eligibility_inference_prohibited": true, "limitations": [ "Securitized loans may be selected and do not cover every current Best Egg borrower.", "The figures describe typical customers and are not a published full distribution." ] }, { "profile_record_id": "PL-PROFILE-AVANT-20260905", "brand_name": "Avant", "orientation_category": "nonprime_center", "reader_label": "Funded borrowers commonly fall in the 600-to-700 score range", "observed_or_stated_center": "Avant says most customers receiving loans have scores from 600 to 700; KBRA separately describes a primarily nonprime platform with typical unsecured borrowers from 550 to 720.", "market_reach": "nonprime-centered", "evidence_type": "funded_borrower_range_and_transaction_description", "numeric_evidence": { "most_funded_customers_score_min": 600, "most_funded_customers_score_max": 700, "kbra_typical_score_min": 550, "kbra_typical_score_max": 720 }, "evidence_population": "Avant customers receiving loans and typical Avant unsecured personal-loan borrowers", "period_end": "2026-01-27", "source_ids": [ "PL-SRC-AVANT-CREDIT-20260127", "PL-SRC-AVANT-KBRA-20260605" ], "confidence": "high", "eligibility_inference_prohibited": true, "limitations": [ "Neither source publishes the share of borrowers inside each score band.", "The range does not establish a minimum score or approval threshold." ] }, { "profile_record_id": "PL-PROFILE-LENDINGPOINT-20260905", "brand_name": "LendingPoint", "orientation_category": "not_established", "reader_label": "States a fair-credit mission; funded center not established", "observed_or_stated_center": "LendingPoint says it was built to provide fair credit to applicants left behind by FICO-only models, but it does not publish a current funded-borrower score center on the reviewed pages.", "market_reach": "fair-credit emphasis with undefined funded range", "evidence_type": "provider_stated_market", "numeric_evidence": null, "evidence_population": "LendingPoint's stated target market", "period_end": "2026-09-05", "source_ids": [ "PL-SRC-LENDINGPOINT-ABOUT-20260905", "PL-SRC-LENDINGPOINT-KBRA-20260515" ], "confidence": "low", "eligibility_inference_prohibited": true, "limitations": [ "The fair-credit description is positioning, not a funded-borrower distribution.", "The available securitization release does not publish a score distribution." ] }, { "profile_record_id": "PL-PROFILE-DISCOVER-20260905", "brand_name": "Discover", "orientation_category": "prime_center", "reader_label": "Held personal-loan balances center above a 660 FICO", "observed_or_stated_center": "Capital One reported that 94% of domestic personal-loan held-for-investment balances had refreshed FICO scores above 660 at year-end 2025.", "market_reach": "prime-leaning active portfolio", "evidence_type": "active_portfolio_fico_distribution", "numeric_evidence": { "balance_share_fico_above_660": 94, "balance_share_fico_621_to_660": 3, "balance_share_fico_620_or_below": 3 }, "evidence_population": "Capital One domestic personal loans held for investment", "period_end": "2025-12-31", "source_ids": [ "PL-SRC-CAPITALONE-2025-10K", "PL-SRC-DISCOVER-DEBT-20260905" ], "confidence": "medium", "eligibility_inference_prohibited": true, "limitations": [ "The portfolio may include personal loans not originated through the current Discover shelf.", "Balance shares can differ from borrower-count shares and do not establish a minimum score." ] }, { "profile_record_id": "PL-PROFILE-WELLSFARGO-20260905", "brand_name": "Wells Fargo", "orientation_category": "prime_center", "reader_label": "Recent other-consumer term balances lean toward stronger-credit borrowers", "observed_or_stated_center": "Within Wells Fargo's 2026-vintage Other consumer term-loan balances, 87.64% had an updated FICO of at least 700 at June 30, 2026.", "market_reach": "prime-leaning mixed other-consumer term-loan evidence", "evidence_type": "mixed_portfolio_fico_distribution", "numeric_evidence": { "rung_derived_balance_share_fico_700_plus": 87.64, "reported_total_2026_vintage_term_balance": 1303000000 }, "evidence_population": "2026-vintage term loans within Wells Fargo's Other consumer portfolio", "period_end": "2026-06-30", "source_ids": [ "PL-SRC-WELLSFARGO-Q2-2026", "PL-SRC-WELLSFARGO-PRODUCT-20260905" ], "confidence": "medium", "eligibility_inference_prohibited": true, "limitations": [ "Other consumer includes products beyond the current Wells Fargo Personal Loan.", "This is a balance distribution, not a borrower-count distribution.", "The consumer-page statement that excellent credit is needed for the lowest rate does not establish the full borrower center." ] }, { "profile_record_id": "PL-PROFILE-USBANK-20260905", "brand_name": "U.S. Bank", "orientation_category": "not_established", "reader_label": "Funded personal-loan borrower center not established", "observed_or_stated_center": "U.S. Bank publishes the credit condition for its lowest rate, but the reviewed public record does not isolate a funded-borrower distribution for U.S. Bank Personal Loans.", "market_reach": "not established", "evidence_type": "insufficient_product_specific_evidence", "numeric_evidence": null, "evidence_population": null, "period_end": "2026-09-05", "source_ids": [ "PL-SRC-USBANK-PRODUCT-20260905", "PL-SRC-USBANCORP-Q2-2026" ], "confidence": "low", "eligibility_inference_prohibited": true, "limitations": [ "A score of at least 800 is a condition for the lowest published rate, not a funded-borrower average or minimum approval score.", "The Other retail portfolio mixes products and cannot support a personal-loan orientation." ] }, { "profile_record_id": "PL-PROFILE-PNC-20260905", "brand_name": "PNC", "orientation_category": "prime_center", "reader_label": "Recent other-consumer term balances lean prime", "observed_or_stated_center": "Within PNC's 2026-vintage Other consumer term-loan balances, 66.90% had an updated FICO of at least 720 at June 30, 2026.", "market_reach": "prime-leaning mixed other-consumer term-loan evidence", "evidence_type": "mixed_portfolio_fico_distribution", "numeric_evidence": { "rung_derived_balance_share_fico_720_plus": 66.9, "reported_total_2026_vintage_term_balance": 429000000 }, "evidence_population": "2026-vintage term loans within PNC's Other consumer portfolio", "period_end": "2026-06-30", "source_ids": [ "PL-SRC-PNC-Q2-2026", "PL-SRC-PNC-PRODUCT-20260905" ], "confidence": "medium", "eligibility_inference_prohibited": true, "limitations": [ "Other consumer includes products beyond PNC's unsecured personal loan.", "This is a balance distribution, not a borrower-count distribution.", "The distribution does not establish PNC Personal Loan approval rules." ] }, { "profile_record_id": "PL-PROFILE-CITI-20260905", "brand_name": "Citi", "orientation_category": "not_established", "reader_label": "Funded personal-loan borrower center not established", "observed_or_stated_center": "Citi reports a North America personal-installment balance but not a current score distribution for the reviewed program.", "market_reach": "not established", "evidence_type": "insufficient_product_specific_evidence", "numeric_evidence": null, "evidence_population": "North America personal installment portfolio without a published score distribution", "period_end": "2026-03-31", "source_ids": [ "PL-SRC-CITI-PRODUCT-20260905", "PL-SRC-CITIGROUP-Q1-2026" ], "confidence": "low", "eligibility_inference_prohibited": true, "limitations": [ "The lowest rate assumes excellent credit, but that does not describe all funded borrowers.", "A portfolio balance alone cannot establish the borrower center." ] }, { "profile_record_id": "PL-PROFILE-ALLIANT-20260905", "brand_name": "Alliant Credit Union", "orientation_category": "not_established", "reader_label": "Unsecured portfolio is visible; borrower score center is not", "observed_or_stated_center": "Alliant reports its aggregate other-unsecured balance, count, and interest rate to NCUA, but neither source publishes a funded personal-loan score distribution.", "market_reach": "not established", "evidence_type": "insufficient_product_specific_evidence", "numeric_evidence": null, "evidence_population": "All Other Unsecured Loans/Lines of Credit reported to NCUA", "period_end": "2026-03-31", "source_ids": [ "PL-SRC-ALLIANT-PRODUCT-20260905", "PL-SRC-NCUA-Q1-2026-CALLREPORT" ], "confidence": "low", "eligibility_inference_prohibited": true, "limitations": [ "NCUA's other-unsecured category combines closed-end loans and lines of credit.", "A term-specific APR floor does not identify the funded-borrower center." ] }, { "profile_record_id": "PL-PROFILE-PENFED-20260905", "brand_name": "PenFed Credit Union", "orientation_category": "prime_center", "reader_label": "Held Other Consumer term balances lean toward stronger-credit borrowers", "observed_or_stated_center": "At year-end 2025, 73.60% of PenFed's Other Consumer term-loan balances had current FICO above 700; the share was 92.69% for the 2025 vintage.", "market_reach": "prime-leaning mixed Other Consumer portfolio evidence", "evidence_type": "mixed_portfolio_fico_distribution", "numeric_evidence": { "rung_derived_balance_share_fico_701_plus": 73.6, "rung_derived_2025_vintage_balance_share_fico_701_plus": 92.69, "reported_total_other_consumer_term_balance": 2410416000 }, "evidence_population": "PenFed Other Consumer term-loan balances", "period_end": "2025-12-31", "source_ids": [ "PL-SRC-PENFED-2025-ANNUAL", "PL-SRC-PENFED-PRODUCT-20260905" ], "confidence": "medium", "eligibility_inference_prohibited": true, "limitations": [ "Other Consumer is not isolated to the current PenFed Personal Loan product.", "The distribution is by balance rather than borrower count.", "The product-page requirement for excellent credit at the lowest rate does not establish a minimum score." ] } ], "limitations": [ "Credit orientation describes the center suggested by public evidence. It does not predict whether a person will qualify, the rate they will receive, or whether a loan is appropriate.", "FICO, provider risk grades, income, thin-file status, and underwriting models are not interchangeable measures.", "A selected securitization or purchase channel may differ from the provider's complete origination population.", "Categories must be rebuilt each quarter because underwriting, funding channels, and borrower mix can change." ] }