Quote:
Originally Posted by Peaches
Here are my current stats as far as loans:
Active loans: 273
Payment status:
241: Current
11 Paid
1: Payoff in progress
10: Late (<15d)
3: Late
5: 1 month late
4: 2 months late
9: 3+ months late
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I would be curious how many of your 3+ lates were people with HR rating. I know you said one guy was a B, but that is very uncommon. People with B rating defaulting is what like 3 - 4% ?
I never lend to A, they almost always get their loans under 10%. I never lend to HR, and would maybe consider to a D, in a rare case. I like to stick to the B and C and in the 14 - 18% interest range.