Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Background LendingClub is a peer-to-peer marketplace where borrowers and investors are matched together. The goal of LendingClub is to reduce the costs associated with these
Background
LendingClub is a peer-to-peer marketplace where borrowers and investors are matched together.
The goal of LendingClub is to reduce the costs associated with these banking transactions and make
borrowing less expensive and investment more engaging. LendingClub provides data on loans that
have been approved and rejected since 2007, including the assigned interest rate and type of loan.
This provides several opportunities for data analysis. We will focus on the approved loans from
2014.
In this lab exercise, you will understand and clean the data to enable analysis for various problems