Author Topic: CSV file of available notes  (Read 2497 times)

Erin K

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CSV file of available notes
« on: June 08, 2012, 02:35:12 PM »
Hello, I find your idea of downloading the CSV file of available notes very smart and plan to filter my notes this way. I was hoping you could help explain to me one of their column titles not listed on http://blog.lendingclub.com/2012/03/14/expanded-credit-att/.

exp_default_rate  I assume this means expected default rate, but what does it *mean*. Where do the number come from and how can I use it in my filtering process?

Thanks!

Fred93

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Re: CSV file of available notes
« Reply #1 on: April 27, 2015, 11:32:29 PM »
Expected default rate.  Means VERY LITTLE.

It is just the historical rate at which loans of this credit grade have defaulted in the past.