The loan quantity has increased significantly in the last 12 months. I have no problem in investing the funds I want to invest due to abundant supply. At the point of typing there are 8 available loans.

However, it seems like LC are turning a blind eye to some of the information supplied by the borrowers, maybe to increase the loan supply?

Loan 1: House with mortgage in Nelson but declared outgoings are $261 a month or $60 a week.

Loan 2: Someone is renting in Auckland and monthly outgoings are $525 surely you cannot survive on $121 per week.

Loans like these are starting to worry me a bit. I emailed LC asking for a clarification weeks ago, however no one replied back.