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Author Topic: LC loan credit trend statistics

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LC loan credit trend statistics
OP: December 16, 2014, 12:00:00 AM
I just checked, and my portfolio contains loans with credit trends in the following proportions:

Up     57.6%
Flat     8.7%
Down 33.7%

I guess I'm happy to see more up than down, but I don't know what to make of these numbers.  Would other folks care to post same info?  No way to quickly get this unfortunately, you have to count, from a spreadsheet or API or whatever. 
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T
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LC loan credit trend statistics
#1: December 16, 2014, 12:00:00 AM
I ran the same analysis on FICO trends in LC's historical loan database.  Here are the results, broken down by year of issue.

Code: [Select]
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LC loan credit trend statistics
#2: December 16, 2014, 12:00:00 AM
93% 36 month loans, 7% 60 month..............  Average age of portfolio is 22.6 months.

Up 56%
Flat 6%
Down 38%
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r
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LC loan credit trend statistics
#3: December 16, 2014, 12:00:00 AM
I would post mine, but I also actively sell large FICO drops on Folio.  So the numbers will be skewed and not sure if they will be helpful to you
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M
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LC loan credit trend statistics
#4: December 16, 2014, 12:00:00 AM
Up     44.4%  586
Flat    20.5%  271
Down 35.1%  463

125 notes are in review, this accounts for the high percentage of "Flat"
In addition I buy about 15% of the loans from Folio with a down credit score trend at discount.

Your Notes purchased on the Lending Club platform
Adjusted Net Annualized Return3 ?:    18.82%
Weighted Average Interest Rate:    19.95%
Weighted Average Age of Portfolio:    2.1 mos
Number of Notes:    1,194

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a
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LC loan credit trend statistics
#5: December 16, 2014, 12:00:00 AM
Up 47.35%
Down 43.76%
Flat 8.78%

Oldest notes are > 4 years.

Interesting that few remain unchanged by their LC experience.  :)
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LC loan credit trend statistics
#6: December 16, 2014, 12:00:00 AM
Here is mine:

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l
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LC loan credit trend statistics
#7: December 16, 2014, 12:00:00 AM
Used InterestRadar to get these numbers.  Breakdown tab then Fico Trend in pull down.

47.03% Up
41.87% Down
11.10% Flat

148 'Not Yet Issued'

90% 36mo
10% 60mo

Avg age 4.2 months.
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T
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LC loan credit trend statistics
#8: December 16, 2014, 12:00:00 AM
Are your  number of 'Not Yet Issued' notes count going higher than normal than the past ebb and flow of high and low periods of notes?
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LC loan credit trend statistics
#9: December 16, 2014, 12:00:00 AM
Here are mine:
Up 500
Down 190
Flat 56
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T
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T
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LC loan credit trend statistics
#14: December 17, 2014, 12:00:00 AM
None of mine are in the Not Yet Issued column from Nov. 18 backwards.  This seems pretty standard.  The email announcements of order completion slowed down last week (busy staff, end of quarter).  Doesn't matter to me, I just hope the borrowers get their money in a timely fashion for their needs.

My IR Fico Trend is skewed because the graces and lates I sell are usually trending down.

2478 DOWN
 473 FLAT
3283 UP

6234 TOTAL does not include 1299 sold.
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