Here's the November 1, 2008 update to to my Prosper.com late loan statistics charts.

These charts show statistics for the performance of all prosper.com loans. Each curve represents the set of loans that were created in one calendar month. The vertical axis is the fraction of those loans that have "gone bad", in other words are 1 month late or worse (up to and including default). The horizontal axis is the observation date. All data comes from Prosper.com's performance web page.

A larger, __more readable__ version of that chart can be found here

Here's a chart of the same data in which each curve has been slid to the left to a common origin. The horizontal axis is now days since loan origination month.

Explanation of methodology can be found in my prior postings in this blog, and in forum discussions on the old prosper forum, now archived at www.prosperreport.com

PS: Best discussion among Prosper.com lenders can be found at http://prospers.org/

Hey,

ReplyDeleteThanks for providing this wonderful information.

This stats will really help people to know more about loans.

Fred. Thanks for the data and analysis!

ReplyDeleteWould you mind curve fitting the three month initial default rate for each month, and then plotting that for us? I'll give you a cookie.

Cheers

biophile6

Thanks for the data Fred

ReplyDeleteWould you mind plotting the three month initial rate for us? That is, curve fit the first three months for each block, and then plot the decline in default rate slop over the life of Prosper.

I'll give you a cookie please.