P2P Forum

Lending Club Discussion => Investors - LC => Topic started by: Edward Reid on January 01, 2018, 12:00:00 AM

Title: discount for current loans?
Post by: Edward Reid on January 01, 2018, 12:00:00 AM
As discussed here previously, LC really should apply a discount even to loans which are current, since it's known that some of those will eventually charge off. But they don't, so ...

Has anyone figured out appropriate discounts? I doubt that a single number would suffice, but perhaps a matrix of major grade (ABCDE) vs age in quarters would suffice.

Edward