[jpildis]

The lat mass FICO pull for already issued notes was 8/21 and I've been pinging my LC Rep. on when the next pull is going to happen.  He says that they're going to a new, more automated score updating process next month.  As for this month's pull, seems like they may skip it.  I pushed back and he said "we never said that we would pull the credit for every loan every month."  *sigh*  I hope the adults takeover the day-to-day running of LC once they're public.

[lascott]

from: jpildis on September 26, 2014, 12:48:07 PM

[Joleran]

Are there any statistics regarding FICO drops correlating to defaults?  I'm sure there's a correlation, but there are plenty of notes that drop to ~600 credit scores and dig themselves out over time too.

[brycemason]

It's clear. However, LC could make our lives much easier by including the monthly FICO pull in the payment history file. Join by MOB.

[rawraw]

from: Joleran on September 27, 2014, 11:35:59 AM

[TravelingPennies]

Anil - can you post a link?

[TravelingPennies]

from: jpildis on September 28, 2014, 09:43:04 AM

[AnilG]

FICO Score Trends and Defaults for Lending Club Loans
https://www.peercube.com/blog/post/fico-score-trends-and-defaults-for-lending-club-loans

from: jpildis on September 28, 2014, 09:43:04 AM

[joshmer]

Anyone else notice that a couple of the FICO scores have began to trickle in?   Something funky is going on in there system because about 25 notes (not new issues) had a pull out of 600 for me, but the one note I flagged for sale after a large drop isn't showing the updated FICO score on the credit score graph.  I hope they get back to 1 pull date and quit trying to fix things that aren't broken.

[TravelingPennies]

Most loans are still sitting with a last FICO pull of 8/21/14 and I have a few where the last pull was in July... very, very lame.  It would be great if Peter could reach out to LC and get some understanding of the root cause.  Hoping this isn't some SEC Quiet Period BS.

[kbenson99]

A large majority (1045 out of 1195) of notes that I own now have credit pull date of 10/9/14.  Hopefully, LC will update on a ongoing monthly basis again without the shenanigans (no update, no notice).

[Kombinator]

So what file contains the field with the most recent FICO pulls for loans?

[turing]

from: AnilG on September 29, 2014, 02:39:41 AM

[TravelingPennies]

Last FICO pulls for loans are in the loan history files found on https://www.lendingclub.com/info/download-data.action.

For your owned notes, the last FICO pulls are from https://www.lendingclub.com/account/notesRawDataExtended.action.

[TonySaunders]

I'm seeing some FICO dates of 10/14 too.