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)

Related Posts

• Prosper 1 Month Late or Worse Curves By Credit Grade 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......
• New Loan Funded — Consolidating — $25,000 at 23.00% — C Credit — DTI 39% A new loan funded (Consolidating — $25,000 at 23.00%).  I participated via my old standing order: High DTI — AF.  Which is this loan was funded as a high debt to income ratio and was an auto-funding loan.  The borrow had C credit and 39% DTI.  As a reminder my......
• Borrow Money on Prosper -- Case for Unsecured Debt via Personal Loans Prosper Marketplace, Inc. is a peer-to-peer (p2p) lending marketplace that facilitates 3 year fully amortized loans between lenders and a borrower.  A borrower wants to borrow money and lenders want to earn better than average returns.  The most typical reasons for loans on Prosper are credit card debt consolidation, small business......
• Vintage Curves 04 2008 -- Amount Late By Credit Grade from Origination It is time for my monthly update of the amount late vintage curves... The y axis is the percent of $$ 30 more more days late... the x axis is days from origination.  The curves stop when there are less than 250 loans in the bucket. There are ways to......
• Prosper Credit Distribution Matt at Prosper Lending Review has a great article on Credit Scores on Prosper.  He goes into various details, but the bottom line is that the average credit score and distribution of credit scores on Prosper is skewed to the low end of the scale compared to the national average. In addition......

Related Websites

• Received Student Loan Check Today, What Should We Do With It? Today we received my wife's last student loan check for her education; she finally finishes school in May. Hooray! It is for quite a bit more than the tuition, leaving us with a few thousand bucks to "play" with. My thoughts on this are as follows: Since the loan does......
• Never, ever see your loan paid off Mortgages that outlive you. The truest kind of mortgage, since a root of the word is mort -- French for death. They're all but guaranteed to build very little equity during the first years and put people at almost as great a risk as those with interest-only loans of going......
• The Best Ways to Deal with Credit Cards Most people in Britain have some form of debt, be it from mortgages or credit cards. The unfortunate thing related to this, however, is that banks consistently profit from consumer apathy. One of the most common ways that they do this is through credit cards. Most credit cards have bonus offers......
• What is the Average Household Credit Card Debt? When it comes to credit card debt, especially with the passing of the CARD Act, there have been a lot of statistics flying around. I wanted to find a authoritative source, in this case the Federal Reserve, and see what the real numbers are. One of the tricky things about......
• Money Mistake Monday - The I Applied For Too Many Credit Cards Syndrome. Photo by k9ine. There was a time when I think I had every credit card under the sun - reward cards, store branded cards, miles cards...you name it, I probably had it. And the scariest part of that was that I was a college student barely making $4.00 an hour......

Online Stores

• Larger than 9x12 Rugs, Carpets Antiques

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


Categories:

Prosper.com, Statistics, Strategy, Tools

Tags:

aa, axis, credit grade, credit history, curves, data export, loan origination, loans, methodolgy, private data, slopes, sql