The methodolgy or the sql for obtaining the data these curves from the private data export have already been explained in detail, but briefly…
- The Y axis is the percentage of all loans orginated of a given age that are currently 1 month late or worse…
- The X axis is the days loan origination.
- The curves stop when there is less than 250 loans in the “bucket.”
- These curves are for all loans of a given Credit Grade. One would get different curves (flatter slopes=better); for exmaple, if you were to choose loans with 2 or less inquires and 5 years of credit history you would see flatter slopes.
The range is 7-8% for AA all the way to ~55% for HR.
(Click Graph for Larger Version)
Prosper Vintage Curves
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Prosper.com, Statistics, Strategy, Tools
Tags:
aa, axis, credit grade, credit history, curves, data export, loan origination, loans, methodolgy, private data, slopes, sql
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4 comments ↓
Clicking on the chart (to see a bigger version of it, I gather) tries to go to http://none/ - which of course doesn’t exist.
@NewHorizon
Good find… Fixed.
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