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Table 1 Descriptive statistics of loan performance measures: modified internal rates of return

From: Default or profit scoring credit systems? Evidence from European and US peer-to-peer lending markets

  Unit Training dataset (8000 loans) Testing dataset (2000 loans)
   Mean Median SD Min Max Mean Median SD Min Max
Panel A: bondora dataset            
 Good (non-defaulted) loans Annualized % 27.06 27.66 7.49 -1.02 105.7 27.01 27.93 7.47 1.47 76.8
 Defaulted loans Annualized % − 43.98 − 39.52 42.71 − 100 59.56 − 46.55 − 41.59 43.42 − 100 30.76
 # Defaulted loans   # 1803 loans (22.5%)      # 486 (24.3%)     
Panel B: lending club dataset            
 Good (non-defaulted) loans Annualized % 13.08 12.25 4.31 4.68 42.68 13.23 12.39 4.54 4.92 37.65
 Defaulted loans Annualized % − 39.75 − 36.31 32.38 − 99.52 21.41 − 34.78 − 28.48 31.4 − 99.3 13.41
 # Defaulted loans   # 1577 loans (19.7%)      # 389 (19.5%)     
  1. SD, Min, and Max standard deviation, minimum, and maximum of modified internal rates of return