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
