CSV file of available notes

[Erin K]

Hello, I find your idea of downloading the CSV file of available notes very smart and plan to filter my notes this way. I was hoping you could help explain to me one of their column titles not listed on http://blog.lendingclub.com/2012/03/14/expanded-credit-att/" class="bbc_link" target="_blank">http://blog.lendingclub.com/2012/03/14/expanded-credit-att/.

exp_default_rate  I assume this means expected default rate, but what does it *mean*. Where do the number come from and how can I use it in my filtering process?

Thanks!

[Fred93]

Expected default rate.  Means VERY LITTLE.

It is just the historical rate at which loans of this credit grade have defaulted in the past.