Been looking at charge-offs on my loans over 12m old (close to 3000 loans so good sample size). Average recovery of principal on charged-off loans was 11% so those that went bad did so quickly which supports the 80% within 18 months rule of thumb. If anything they go bad sooner. Not sure if these will show but also attached a couple of graphs of charge-offs by grade on my book. Pretty much within expected levels I would say.
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