A common criticism of the large peer-to-peer lending platforms is that they have no "skin in the game". For example, John Carney has argued that because only a fraction of Lending Club's revenue is tied to loan performance, the risk of poor loan underwriting increases. However, as Matt Levine explains, if Lending Club "does a bad job of underwriting loans, people will stop buying loans from it, and its fee income will dry up". Nevertheless, we at Unbolted feel that explicit skin in the game helps align interests of the platform with the lenders, which is why Unbolted makes no money on any loan on our platform if the lender's principal is not paid back in full.