Author Topic: What is the 'policy code' field for?  (Read 2479 times)

core

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What is the 'policy code' field for?
« on: August 19, 2013, 03:52:19 PM »
I saw this asked on another forum and now I am curious:  If you request a download of all available notes, the last field in the file is 'policy code'.  It's apparently 0 for rejected loans, and 1 or 2 for the rest.  Anyone know what this is for?

Fred

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Re: What is the 'policy code' field for?
« Reply #1 on: August 19, 2013, 10:11:01 PM »
https://kb.lendingclub.com/index.php?View=entry&EntryID=253:

1 = public offering
2 = private offering

core

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Re: What is the 'policy code' field for?
« Reply #2 on: August 19, 2013, 10:13:17 PM »
Thanks Fred.  Google didn't find that one for some reason.