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.

Figures last updated on 06 January 2017

 

Balance of reserve fund
£339,311
Balance of loans covered by Shield
£15,357,532
Bad debt rate coverage
2.21%
 201420152016Total

 

Actual arrears rate0.0%0.5%0.5%0.4%

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 rate1.0%1.5%0.2%0.7%

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 rate1.5%2.4%2.4%2.2%

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 rate1.0%2.5%2.4%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)

    
 201420152016Total

 

Total blended annual return to date of loans in origination year (after fees and bad debts)4.5%5.6%5.2%5.2%
- 3 year annual return to date of loans in origination year4.3%4.9%4.3%4.5%
- 5 year annual return to date of loans in origination year5.5%6.2% 5.7%5.8%

 

Estimated blended annual return at origination (after fees and bad debts)4.5%5.6%5.2%5.2%

 

Cohort maturity85.4%53.7%14.8%39.5%

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)63.3%52.5%6.0%29.7%

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

 

Shield utilisation (projected)61.7%116.5%97.4%98.4%

Total payments covered by the Shield, minus recoveries, plus latest projected future claims on the Shield, 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).