Post by cassiopeia on Mar 31, 2016 14:19:59 GMT
I'm wondering if anyone has attempted to compile default rates between platforms so they could be compared. I suppose we would need to agree on a comparable criteria, something like:
a) rates including cashback,
b) defaults longer than 90 days?
c) % recovered of those in b) and
d) some adjustment to take account of more incomplete loans of younger platforms, such as a default curve
Perhaps this is all published somewhere, but looking around it appears far less than obvious. Is it something the industry regulator will require? Alternatively is there a spreadsheet in which this type of data can be entered so loan statistics can be compared?
a) rates including cashback,
b) defaults longer than 90 days?
c) % recovered of those in b) and
d) some adjustment to take account of more incomplete loans of younger platforms, such as a default curve
Perhaps this is all published somewhere, but looking around it appears far less than obvious. Is it something the industry regulator will require? Alternatively is there a spreadsheet in which this type of data can be entered so loan statistics can be compared?