The methodolgy or the sql for obtaining the data these curves from the private data export have already been explained in detail, but briefly… The Y axis is the percentage of all loans orginated of a given age that are currently 1 month late or worse… The X axis is the days loan origination.  The curves stop when [...]

I received a rather unusual linked in connection request today… I thought it was out of the blue and almost deleted it… (It may have been out of the blue, but since I cover p2p lending I thought I would take the opportunity to scope/scoop the story.) The website just has a sign up form to [...]

A few weeks ago Rob Garcia at Lending Club announced updates to the lending account management features.  I apologize it has taken me this long to cover the update, but I have been busy at work and frankly without lenders having the ability to lend money I was lacking motivation.  Well I got to it [...]

Another month another update…  The picture is rather muddled right now between the accrued interest showing up in my account balance even on loans that are technically “charged off”and lending stats changing their algorithm… All I can do is continue to track and hope fore some clarity…  On a positive note I have had no [...]

I read through the Lending Club S1 finally…  I found a few parts of the S1 interesting…  Over the next few day I will lighlight a few of my favorite sections.  I am not a lawyer nor do I claim to fully understand everything that I am reading.   I am simply copying verbatim parts of the Lending [...]