Loan Default Analysis / published proof
Inspect the repository The rate only means something when the outcome is finished.
These charts use 1,348,099 Lending Club loans with a final repayment or default outcome.
Published proof
Default rate by grade
The published rate rises from 6.04% for Grade A to 49.67% for Grade G.
| Segment | Default rate | Note |
|---|---|---|
| A | 6.04% | Lowest published grade rate |
| B | 12.96% | Published grade rate |
| C | 22.51% | Published grade rate |
| D | 30.73% | Published grade rate |
| E | 38.78% | Published grade rate |
| F | 44.58% | Published grade rate |
| G | 49.67% | Highest published grade rate |
Numerator269,360
Charged Off, Default and policy Charged Off.
Denominator1,348,099
Loans with a final good or bad outcome.
Excluded912,569
Current, late or grace-period loans without a final outcome.