P1 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: 60-month loansPerformance
- As of
- March 2019
- Loans
- 886,837
- Balance
- $13.1B
- WA score
- 697
- WA rate
- 13.6%
Data checks: 0 blocking · 2 warnings · 6 notes
View checksPerformance findings
6 findings: 1 high, 2 medium, 3 low.
6 findings: 1 high, 2 medium, 3 low.
- P1 60-month loans Open segment: 60-month loans
- P2 Sub-grades D2 and D3 Open segment: Sub-grades D2 and D3
- P3 Credit score ladder Open segment: Credit score ladder
- P4 DTI 30–35 Open segment: DTI 30–35
- P5 DTI 35+ Open segment: DTI 35+
All findings
- P6 Small business loans Open segment: Small business loans
Charts
Cumulative charge-off rate by origination year
By count.
2008 and 2009 not drawn: the six most recent years are shown. No charge-off date in the file: each charge-off is placed at its last payment date, so the curves run early.
Nothing flagged.
Charge-off rate by grade
By count.
Nothing flagged.
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.
Whiskers: the range a segment this size would fall in by chance.
Charge-off rate by sub-grade
By count. Grade D.
P2 Medium · Ladder
Sub-grade ladder flattens between D2 and D3: 25.2% to 25.3% (+0.1 points; median step +1.4 points).
6.4% of balance in D2 and D3
Open segment: Sub-grades D2 and D3Charge-off rate by credit score
By count.
P3 Medium · Ladder
Credit score separates risk less than grade: 3.0× from 660–679 to 750+ against 7.0× from grade A to F.
38.1% of balance in 660–679 and 750+
Open segment: Credit score ladderCharge-off rate by debt-to-income
By count.
P4 Low · Performance
DTI 30–35: 23.7% charged off against 17.2% for the book.
6.8% of balance · excess losses 2.5% of book total · z 3.0 · holds at equal age
Open segment: DTI 30–35P5 Low · Performance
DTI 35+: 26.7% charged off against 17.2% for the book.
2.3% of balance · excess losses 1.2% of book total · z 4.3 · holds at equal age
Open segment: DTI 35+Findings without a chart
P6 Low · Performance
Small business loans: 26.1% charged off against 17.2% for the book.
1.2% of balance · excess losses 0.7% of book total · z 4.1 · holds at equal age
Open segment: Small business loansFindings 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: the segment's charged-off balance beyond what it would hold at the book rate, as a share of the book's charged-off balance. Method on the About page