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A Dive Into The Lending Club Data

100mdeep.com

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Re: A Dive Into The Lending Club Data

#11

This is great. I have been using LendingRobot lately. I will have to rethink some of my strategies based on what I see in this article.

For my own personal interest, can you speak at all on your experience using LendingRobot? (successes/misses, use duration, gains, etc)

Re: A Dive Into The Lending Club Data

#12
post #3

Nice post. I see that you used dc.js, could you share some code ?

The code to process the lending club data is done in python. I got the full history of all payments made on the platform and pre-process it to have something that's light enough to be explored with a good user experience. For the viz', yes I used DC.js, I can open source the .js if you guys want it.

Hi Clement, very neat dataviz ! How did you get the full history of all payments ? Is it available in the open ? What is 100mdeep btw ? Just a blogging site you are bootstraping or any plans to make a living out of it ? (We met a few months ago @ ToucanToco...)

Re: A Dive Into The Lending Club Data

#13
post #9

Very useful tool. Gives valuable insight on how to select filters in portfolio construction. If "the Pearl" was a existing product, I would definitely invest in it.

Look for the Pearl! you can definitely get 8% interest over the long run with a good liquidity on your cash deployed. To me, it's totally worth it for money that you don't need in the really short term

Re: A Dive Into The Lending Club Data

#14

The employment length is really bugging me. I've always selected people with a few years at their current job, leaning towards higher, because it feels safe, but this says that My other big hit is 3 versus 5-year terms. Anyone here care to comment? I like the 36 months because it feels more liquid and when I started I wasn't sure LendingClub was going to be around for a decade or more. Beginning to think I should rec…

Also, it's pretty instructive to look at the Lending Club grading algorithm in details.

They made it public at some point. Now they are a little less transparent about it.

But some details can be found in their SEC prospectus.

I can link that up as well if you guys want.

Re: A Dive Into The Lending Club Data

#15
post #12
post #3

Earlier quoted context omitted.

The code to process the lending club data is done in python. I got the full history of all payments made on the platform and pre-process it to have something that's light enough to be explored with a good user experience. For the viz', yes I used DC.js, I can open source the .js if you guys want it.

Hi Clement, very neat dataviz ! How did you get the full history of all payments ? Is it available in the open ? What is 100mdeep btw ? Just a blogging site you are bootstraping or any plans to make a living out of it ? (We met a few months ago @ ToucanToco...)

I did this work for myself at first as I invested some money on the Lending Club.

Plans will depend on feedbacks I receive. If it generates enough interest I will develop the project into something bigger.

Re: A Dive Into The Lending Club Data

#17
post #12
post #3

Earlier quoted context omitted.

The code to process the lending club data is done in python. I got the full history of all payments made on the platform and pre-process it to have something that's light enough to be explored with a good user experience. For the viz', yes I used DC.js, I can open source the .js if you guys want it.

Hi Clement, very neat dataviz ! How did you get the full history of all payments ? Is it available in the open ? What is 100mdeep btw ? Just a blogging site you are bootstraping or any plans to make a living out of it ? (We met a few months ago @ ToucanToco...)

100m is the depth human can free dive to. Without any aid. Without any fins.

https://en.wikipedia.org/wiki/Constant_weight_apnea

Tribute to people who go deep into things ;).

Re: A Dive Into The Lending Club Data

#18
post #12
post #3

Earlier quoted context omitted.

The code to process the lending club data is done in python. I got the full history of all payments made on the platform and pre-process it to have something that's light enough to be explored with a good user experience. For the viz', yes I used DC.js, I can open source the .js if you guys want it.

Hi Clement, very neat dataviz ! How did you get the full history of all payments ? Is it available in the open ? What is 100mdeep btw ? Just a blogging site you are bootstraping or any plans to make a living out of it ? (We met a few months ago @ ToucanToco...)

Funny you mention ToucanToco. They helped me in debugging the viz.

Re: A Dive Into The Lending Club Data

#19

The employment length is really bugging me. I've always selected people with a few years at their current job, leaning towards higher, because it feels safe, but this says that My other big hit is 3 versus 5-year terms. Anyone here care to comment? I like the 36 months because it feels more liquid and when I started I wasn't sure LendingClub was going to be around for a decade or more. Beginning to think I should rec…

I'm no expert here but current job duration may be counter-intuitive. We usually think that the longer the better but it may also correlate with inability to find another job, so in fact during a recession, these kinds of people may actually be more at risk than people used to job-hop.

It probably needs to be controlled for social class and job type but I think this could explain the phenomenon.

Re: A Dive Into The Lending Club Data

#20

Thanks Clement for this beautifully simple dc.js dataviz. How long did you play with it before finding the pearl? Do you think there are yet other pearls to find in your tool?

There are many pearls to find. It depends on your 'set of preferences'. You want return? you want low-risk ? you care to deploy a lot of money, or not that much?

But I'd say that for starter, anything in the 8%-9% range is a very good deal these days in this environment

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