Statistics

At Lending Works we love data, so we've provided some interesting facts and figures about our customers and loans for you to dig through.

In order to assess our track record, we've provided a range of statistics below related to risk and return.
Risk and return statistics are based on Lending Works loans funded by consumer lenders only.

Remember, past performance is not a reliable indicator of future results, and your capital is at risk.

Data below correct up to 31/03/2019 | Next update 21/05/2019 

Total value of Shield*
£3,088,570
made up of
Cash: £1,369,950
Contractual future income: £1,834,520
Balance of loans covered by Shield
£81,897,151
Bad debt rate coverage
3.9%
 201420152016201720182019Total
Total amount lent (covered by the Shield)£4,643,783£11,292,059£17,992,943£43,393,227£58,010,300£16,969,557£152,301,869
Weighted average APR7.7%9.2%9.3%9.7%12.1%14.4%11.0%
Total amount outstanding£67,882£1,258,672£4,552,046£20,261,373£43,415,178£16,384,616£85,909,768
 201420152016201720182019Total

 

Actual arrears rate0%0.3%0.4%0.8%1.1%0.1%0.7%

Outstanding balance of loans with one or more payments more than 45 days overdue, as a proportion of total amount lent in the year of origination

      

 

Actual lifetime bad debt rate (to date)1.0%3.5%5.4%5.2%1.7%0.0%3.1%

Actual lifetime bad debt (defaults less recoveries), as a proportion of total amount lent in the year of origination (not annualised) 

      

 

Estimated lifetime bad debt rate (at origination)1.3%2.7%3.3%3.4%4.9%5.0%4.0%

Original expectation (at loan origination) of lifetime bad debt (defaults less recoveries), as a proportion of total amount lent in the year of origination (not annualised)

      

 

Forecast lifetime bad debt rate (projection)0.8%3.0%5%6.2%5.0%5.0%N/A

Forecast (actual to date plus latest projected remaining) lifetime bad debt (defaults less recoveries), as a proportion of total amount lent in the year of origination (not annualised)

      
 201420152016201720182019Total

 

Total blended annual return to date of loans in origination year (after fees and bad debts)4.5%5.3%5.1%4.6%5.7%6.2%5.3%
- 3 year annual return to date of loans in origination year4.3%4.6%4.2%3.8%4.5%5.0%4.3%
- 5 year annual return to date of loans in origination year5.5%5.7%5.5%4.9%6.0%6.5%5.7%

 

Estimated blended annual return at origination (after fees and bad debts)4.5%5.3%5.1%4.6%5.7%6.2%5.3%

 

Cohort maturity99.6%92.2%79.6%57.4%26.1%3.4%46.0%

Proportion of each loan cohort which has been repaid or otherwise determined (principal repaid plus bad debts, as a proportion of total amount lent in the year of origination)

 

Shield utilisation (actual)67.4%211.5%241.1%108.0%19.6%0.5%54.7%

Total payments covered by the Shield, minus recoveries, as a proportion of total loan contributions to the Shield in respect of loans issued in each origination year

 
 
 
 
 
 
 

Download our loan book

Want to dig deeper? Download our entire loan book and get into the nitty gritty of every loan we’ve ever paid out (updated monthly).

This loan book only includes loans funded by retail investors and excludes loans funded by institutional investors.

A/B testing page: