Quote Originally Posted by myles View Post
Attempted explanation a few posts back - calculated by grouping loans with same estimated default values (i.e risk grade) - it is not time based. Different Scorecard risk grades had different estimated default values so make up different circles.

In case it's not clear, each loan has the Estimated Default Rate recorded with it - so calculation is similar to all other bar charts, but annualised as per Harmoney's estimated rate.
Gotcha, and on the other side - the actual default would be the total # of defaults / cumulative # of days of all the loans.

How do you add up paid off / charge offs? Is it taken to current date, or date of repayment/default?