Portfolios

Lending Club 2008–2015 (sample)

As of
March 2019
Loans
886,837
Balance
$13.1B
WA score
697
WA rate
13.6%

This file reports charge-offs, so the figures here say charge-off.

All figures

Data checks: 0 blocking · 1 warning · 1 note

View checks

Findings

6 findings: 1 high, 2 medium, 3 low.
  1. F1 High · Performance 60-month loans: 25.0% charged off against 17.2% for the book. Open segment
  2. F2 Medium · Ladder Sub-grade ladder flattens between D2 and D3: 25.2% to 25.3% (+0.2 points; median step +1.4). Open segment
  3. F3 Medium · Ladder Score band ladder spans 3.0× against 7.0× for grade. Open segment
All findings
  1. F4 Low · Performance DTI 30–35: 23.7% charged off against 17.2% for the book. Open segment
  2. F5 Low · Performance DTI 35+: 26.7% charged off against 17.2% for the book. Open segment
  3. F6 Low · Performance Small business loans: 26.1% charged off against 17.2% for the book. Open segment

Charts

Cumulative charge-off rate by origination year

By count, by months on book.

Not drawn: 2008, 2009. The file has no charge-off date. Each charge-off is placed at the last payment date, and the curves run ahead of the true timing.

Nothing outside the expected range.

Charge-off rate by grade

By count.

Nothing outside the expected range.

Loans and balance by grade

Share of loans and of original balance.

Shown for reference. Not tested.

Loan status

By balance.

Shown for reference. Not tested.

Charge-off rate by term

By count.

F1 High · Performance

60-month loans: 25.0% charged off against 17.2% for the book.

40.8% of balance · excess losses 14.8% of book total · z 3.6 · holds at equal age

Open segment

Charge-off rate by credit score

By count.

Findings are segments whose charge-off rate differs from the book by three or more standard errors after allowing for the spread between segments. They are ranked by excess losses: charged-off balance beyond the book rate, as a share of the book's charged-off balance. Method on the About page