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Meanwhile, the IFC reports that data from the top 150 microfinance institutions show that the share of borrowers 30 days delinquent on their loans has increased from 1.2% before the crisis to between 2% and 3% now.
Navient has the fewest share of borrowers in default, Education Department data show.
A large share of borrowers are in deferment or forbearance plans, which enable borrowers to delay full monthly payments.
The share of borrowers in repayment has decreased over the past year, according to June 30 figures.
The company has consistently ranked ahead of its three major competitors when it comes to the share of borrowers in default.
But according to the data, Navient has the highest share of borrowers with federal student loans who are repaying their debts as expected.
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He may still be right, but in order to realize the opportunity, marketplace lenders need to capture a larger, more regular share of borrower's attention.
The CMA's provisional report on the market, which follows a referral by the Office of Fair Trading, proposed several measures to make the industry more competitive, including a price comparison website to help people shop around, more real-time sharing of borrowers' credit data and upfront discloure of default charges.
Previously the government and the SLC have run data-sharing pilot projects with the Netherlands and Sweden, with each country sharing details of borrowers believed to be in each other's countries.
But even affluent suburbs have their share of such borrowers.
In both periods, our sample mainly consists of active workers and the share of the borrowers working with a temporary contract is 36%% in boom period and 25%% in bust period.
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