Author Topic: 7 Surprising Facts About Peer Lending  (Read 3452 times)

Emmanuel

  • Full Member
  • ***
  • Posts: 157
    • View Profile
    • LendingRobot
7 Surprising Facts About Peer Lending
« on: May 02, 2014, 08:08:13 PM »
We just released this infographic:


core

  • Hero Member
  • *****
  • Posts: 1784
  • Your loss is my gain
    • View Profile
Re: 7 Surprising Facts About Peer Lending
« Reply #1 on: May 02, 2014, 08:25:23 PM »
Emmanuel, you can't use a pdf with an <img> tag like that, so nothing is showing up in my browser.

Here's the link for anyone who needs it:  7 surprising facts about peer lending (pdf)

SSL protected link and everything.  The ultimate in privacy.  You wouldn't want anyone to know that you were reading a P2P related publication, now would you.

Nice graphics work.  The shadows look kind of odd in Fact #1 and #3.  But since this isn't a moon landing hoax I doubt anyone will notice/care.

Hey, I just noticed something... that's quite a long page.  Was this intended to be a door poster or something?
« Last Edit: May 02, 2014, 08:28:03 PM by core »

Emmanuel

  • Full Member
  • ***
  • Posts: 157
    • View Profile
    • LendingRobot
Re: 7 Surprising Facts About Peer Lending
« Reply #2 on: May 03, 2014, 01:11:56 PM »
Core,

Thanks for the help. It was working on my browser (Safari) so I didn't know.
As for SSL, that's the default on LendingRobot

We should do http://en.wikipedia.org/wiki/Kakemono

rawraw

  • Hero Member
  • *****
  • Posts: 2777
    • View Profile
Re: 7 Surprising Facts About Peer Lending
« Reply #3 on: May 04, 2014, 11:14:29 AM »
Hey,

Do you have any more information about #3?  I'm currently looking to calculate default probabilities for different loan grades during distressed periods.  Curious if you had this data published anywhere, since it seems related to #3

Emmanuel

  • Full Member
  • ***
  • Posts: 157
    • View Profile
    • LendingRobot
Re: 7 Surprising Facts About Peer Lending
« Reply #4 on: May 04, 2014, 12:53:35 PM »
Do you have any more information about #3?  I'm currently looking to calculate default probabilities for different loan grades during distressed periods.  Curious if you had this data published anywhere, since it seems related to #3

Unfortunately, I don't have that data published. What I did was back-testing by starting with $100 in 2007, then re-investing in all loans. The value at any time is the sum of the remaining principals of the loans. For the S&P 500, it was just buy-and-hold (expect for dividends, that were re-injected without taking trading costs into account).

I also cross-checked with the S&P Experian Consumer Credit Default index before (for http://seekingalpha.com/article/1937421-bonds-vs-peer-lending-differences-in-risks), since peer lending data is still pretty young, and found similar results.

rawraw

  • Hero Member
  • *****
  • Posts: 2777
    • View Profile
Re: 7 Surprising Facts About Peer Lending
« Reply #5 on: May 04, 2014, 06:24:50 PM »
Do you have any more information about #3?  I'm currently looking to calculate default probabilities for different loan grades during distressed periods.  Curious if you had this data published anywhere, since it seems related to #3

Unfortunately, I don't have that data published. What I did was back-testing by starting with $100 in 2007, then re-investing in all loans. The value at any time is the sum of the remaining principals of the loans. For the S&P 500, it was just buy-and-hold (expect for dividends, that were re-injected without taking trading costs into account).

I also cross-checked with the S&P Experian Consumer Credit Default index before (for http://seekingalpha.com/article/1937421-bonds-vs-peer-lending-differences-in-risks), since peer lending data is still pretty young, and found similar results.
Yea, I plan on trying to find a proxy for consumer credit as well from other sources, since the sample size is small for distressed times .  FRED has a few consumer charge off figures, but I have to see if I can find the correct denominator.   

AnilG

  • Hero Member
  • *****
  • Posts: 1098
    • View Profile
    • PeerCube
Re: 7 Surprising Facts About Peer Lending
« Reply #6 on: May 05, 2014, 02:22:59 AM »
I use the FRB Charge-off and Delinquency Rates from Federal Reserve. http://www.federalreserve.gov/releases/chargeoff/

Hey,

Do you have any more information about #3?  I'm currently looking to calculate default probabilities for different loan grades during distressed periods.  Curious if you had this data published anywhere, since it seems related to #3
---
Anil Gupta
PeerCube Thoughts blog https://www.peercube.com/blog
PeerCube https://www.peercube.com

rawraw

  • Hero Member
  • *****
  • Posts: 2777
    • View Profile
Re: 7 Surprising Facts About Peer Lending
« Reply #7 on: May 06, 2014, 06:50:59 AM »
I use the FRB Charge-off and Delinquency Rates from Federal Reserve. http://www.federalreserve.gov/releases/chargeoff/

Hey,

Do you have any more information about #3?  I'm currently looking to calculate default probabilities for different loan grades during distressed periods.  Curious if you had this data published anywhere, since it seems related to #3
Do you use "all" or something more specific like credit card.  Without looking at the data, I'd assume payment history on cars differs from credit cards given the car is necessary to get around.