Sub-grades D2 to D3
- F2 Medium · Ladder
Sub-grade ladder flattens between D2 and D3: 25.2% to 25.3% (+0.2 points; median step +1.4).
Against the book
| Measure | Segment | Book |
|---|---|---|
| Loans | 56,327 | 886,837 |
| Share of balance | 6.5% | 100.0% |
| Charge-off rate by count | 25.3%±0.5 | 17.2% |
| Charge-off rate by balance | 25.8% | 18.1% |
| WA score | 685.5 | 697 |
| WA rate | 17.1% | 13.6% |
| WA DTI | 20.08 | 18.34 |
| Income verified | 77.9% | 70.8% |
At equal age
Cumulative charge-off rate by months on book, segment against book.
At month 36 the segment is 7.4 points above the book.
By origination year
2008 cohort
2009 cohort
2010 cohort
2011 cohort
2012 cohort
2013 cohort
2014 cohort
2015 cohort
Where the mix differs
-
Term 36-month: 46.2% against 59.2% of balance
-
Term 60-month: 53.8% against 40.8% of balance
-
Credit score 660–679: 43.6% against 30.9% of balance
-
Purpose Credit card: 16.6% against 24.2% of balance
-
Credit score 720–749: 6.7% against 13.7% of balance
Segment Book
Mix or rate
-
Mix (the segment holds riskier score bands): 1.8 points
-
Rate (worse within the same score band): 6.2 points
Of the 8.0 point gap, 1.8 points are mix and 6.2 points are rate.
Narrative
Generated from the numbers above by a language model.
Sub-grades D2 to D3 charge off at 25.3% against 17.2% for the portfolio. Avg credit score is 682.6 against 694.9 and avg DTI 19.9% against 18.1%.
Loans
Sample of 25, stratified by status.
Download is available on uploaded portfolios.
| Loan id | Grade | Rate | Status | Months on book | Original balance |
|---|---|---|---|---|---|
| 63219736 | D | 16.6% | Charged off | 39 | $3.6k |
| 63979490 | D | 16.6% | Charged off | 39 | $12.2k |
| 64057582 | D | 16.6% | Charged off | 39 | $24.0k |
| 64088656 | D | 16.6% | Charged off | 39 | $24.6k |
| 64300759 | D | 17.0% | Charged off | 39 | $35.0k |
| 64959219 | D | 17.0% | Charged off | 39 | $14.0k |
| 63968376 | D | 17.0% | Current | 39 | $10.0k |
| 64029309 | D | 16.6% | Current | 39 | $26.5k |
| 65925839 | D | 16.6% | Late | 39 | $24.0k |
| 49227837 | D | 17.0% | Paid | 39 | $18.0k |
| 59241559 | D | 17.0% | Paid | 39 | $5.0k |
| 63889012 | D | 16.6% | Paid | 39 | $16.0k |
| 63959464 | D | 17.0% | Paid | 39 | $10.9k |
| 64220346 | D | 17.0% | Paid | 39 | $12.8k |
| 64571149 | D | 16.6% | Paid | 39 | $9.6k |
| 64842889 | D | 17.0% | Paid | 39 | $10.4k |
| 64872134 | D | 16.6% | Paid | 39 | $25.0k |
| 64872457 | D | 16.6% | Paid | 39 | $16.1k |
| 64957370 | D | 16.6% | Paid | 39 | $5.0k |
| 64999074 | D | 17.0% | Paid | 39 | $7.7k |
| 65108189 | D | 17.0% | Paid | 39 | $35.0k |
| 65118456 | D | 17.0% | Paid | 39 | $20.0k |
| 65140524 | D | 17.0% | Paid | 39 | $16.0k |
| 65180945 | D | 16.6% | Paid | 39 | $3.5k |
| 65251326 | D | 17.0% | Paid | 39 | $5.2k |