After applying for a loan on Paipaidai, if the loan is overdue, you will need to pay a certain amount of overdue fees. So how is the overdue rate calculated? Friends who don’t know yet may wish to take a look at the introduction I brought.

How is the overdue rate of Paipaidai calculated?

The overdue rate is the bad debt principal divided by the initial principal.

For example: An investor invested in 50 bids, with a total capital of 10,000. If there are two bids in the end, each with a principal of 100 yuan overdue and unrecovered, then the overdue rate = (100 100)/10000=2

Are the overdue rates of the same rating on different bids the same? ?

The final overdue rate prediction of the risk control model for the same rating is unified. However, history does not represent the future. In the end, the overdue rate of each rating for each type of target may be biased.