Acceptance Rate
Acceptance Rate is the number of accepted loans divided by the total number of loans.
Author: Evispot
Volume Rate
Volume Rate is the accepted loan volume divided by the total loan volume.
Broker Commision
Broker commision , also known as broker fees, are based on a percentage of the transaction, as a flat fee, or a hybrid of the two. Brokerage fees vary according to the industry and type of broker.
For unsecured loans the fees are usually between...
Average broker probability
A broker or a loan broker is a third party that sometimes acts as a go-between for a borrower and a lender. Some lenders, including both traditional and non-traditional lenders, use brokers to provide the necessary applications, documents, and processes...
Cost of prepayment
The missed-out income at the event of a pre-payment is expressed as a cost. The cost of pre-payment is the average missed-out income.
Average Prepayment Probability
Prepayment or the churn rate, also known as the rate of attrition or customer churn, is the rate at which customers stop doing business with an entity. It is most commonly expressed as the percentage of service subscribers who discontinue their subscriptions...
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