Messages

1

Foliofn - LC / Folio csv

« on: January 07, 2015, 09:57:49 AM »

How current is the CSV download? Is it current as of the download? Or is it updated periodically throughout the day?

2

Investors - LC / Re: Data Analysis

« on: January 06, 2015, 05:09:25 PM »

LC gave me a call today....

They looked in to the data issue and said the data on the website includes data from Q1 & Q2 2006. The downloaded data starts in June 2006 (thus excluding Q1 & Q2).

I don't really care about that data so, for me, it's a non-issue.

3

Investors - LC / Re: Data Analysis

« on: January 02, 2015, 07:17:35 PM »

I get 391,889 records for all 3 files.   Nickelsteamroller.com gets 391,889 records.

Yep - that's what I get too! But the LOAN PERFORMANCE DETAIL chart here - https://www.lendingclub.com/info/demand-and-credit-profile.action gets 392,201.

Thanks for acknowledging by beef about the data. 

I once worked for an accountant. We were trying to balance an account that was off by $.01. After some time I reached into my pocket and said, "here a penny!" The accountant said, "jackbequick, you don't get it. It's not the penny I'm worried about, it's why I'm off - it could mean there are bigger problems."

I guess I'm just being a little too picky about thinking the CSV should balance to Lending Club's website data.

4

Investors - LC / Re: Data Analysis

« on: January 02, 2015, 01:52:13 PM »

I wonder if there data goes out past Q3?

5

Investors - LC / Data Analysis

« on: January 02, 2015, 12:08:13 PM »

I've downloaded Lending Club's 2014 - 09/30/14 data. I have 161,232 records, which is about the only thing I think is right.

The data dictionary on the download page doesn't match the headers in the CSV file. The variables are inconsistently named between the downloaded data and the REST interface - It seems a mess. I'll start with a simple sum of funded amount (funded_amt) by grade...

Here's are the values I get              
                          

Charged Off	9,851,725
Current	2,229,530,025
Default	244,975
Fully Paid	109,081,375
In Grace Period	17,342,550
Late (16-30 days)	7,297,925
Late (31-120 days)	23,292,550
TOTAL	2,396,641,125

These numbers don't match Lending Clubs own website here (you have to manually adjust the start and end data under "LOAN PERFORMANCE DETAILS".

I'm sure I'm doing something wrong, but I can't figure out what it is. Any thoughts?

6

Investors - P / Re: Number of loans

« on: January 01, 2015, 05:36:54 PM »

That's exactly what I was looking for - Thanks!

7

Investors - P / Number of loans

« on: December 31, 2014, 05:18:30 AM »

How many loans do I need to have in a portfolio to ensure I don't loose all my money?

Specifically, I'm defining a narrow filter and I'm trying to determine how many notes I need to fund.

8

Investors - LC / Funded Amount Size

« on: December 30, 2014, 04:35:54 PM »

Hello All!

Is there any difference between investing two times at $25 in a single loan or $50 one time in the same loan?

Is it easier to get liquidity for the $25 loan?

Thanks!