Warning: base64_decode() expects parameter 1 to be string, array given in /home/teamgillett/rateladder.com/wp-content/plugins/askapache-google-404/askapache-google-404.php on line 156
Prosper 1 Month Late or Worse Curves | P2P Lending, Peer to Peer Lending, People to People Lending | P2P Lending News, Information, Borrowing and Lending Strategy

Prosper 1 Month Late or Worse Curves

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

Prosper Vintage Curves

Related posts:
If you liked this article, vote for it on del.icio.us and stumbleupon.


Categories:

Prosper.com, Statistics, Strategy, Tools



Tags:

, , , , , , , , , , ,


4 comments ↓
#1 NewHorizon on 07.23.08 at 7:49 am

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.

#2 RateLadder on 07.23.08 at 7:55 am

@NewHorizon

Good find… Fixed.

#3 Prosper Roundup on 07.25.08 at 2:55 pm

[...] GenX Finance details the Top 12 Money Mistakes Most People Make and special congratulations to GenX Finance for being named by PC Magazine to the Top 15 Websites for Managing (and Saving) Money   RateLadder updates 1 Month Late or Worse Curves [...]

#4 Money magneto on 08.04.08 at 6:24 am

very interesting article

thank rate ladder

Leave a Comment

aa algorithm axis azerbaijan banks benefit blog borrowers ceo Collections credit grade credit history credit information credit score curves doug fuller email friends and family good luck google income borrowers interest rate interest rates investments launch lenders lending institutions liquidity loans marketplace money mozambique peer to peer lending portfolio plan private data promissory notes quiet period registration statement risk securities and exchange securities and exchange commission spreadsheets sql student loans Zopa