From: COVID-19 pandemic risk and probability of loan default: evidence from marketplace lending market
Rating | Pre-pandemic | Rating | Post-pandemic | ||
---|---|---|---|---|---|
N | % | N | % | ||
A | 3073 | 0.57 | A | 857 | 0.31 |
A− | 112,652 | 20.91 | A− | 65,114 | 23.57 |
B+ | 194,856 | 36.17 | B | 134,486 | 48.69 |
B | 17,508 | 3.25 | B+ | 4565 | 1.65 |
B− | 206,652 | 38.36 | B− | 70,310 | 25.45 |
C+ | 3489 | 0.65 | C+ | 898 | 0.33 |
D | 426 | 0.08 | D | – | – |
Total | 538,656 | 100.00 | Total | 276,230 | 100.00 |