Table 2. Pearson’s correlation coefficients among continuous explanatory variables (N = 24,449).
| Subgrade | Interest rate | Loan amount | Annual income | Employment Length | Credit History Length | Delinqency 2 Years | Inquiries Last 6 Months | Public Records | Revolving Utilization | Open Accounts | Months Since Last Delinqency | Loan Amount to Annual Income | Annual Instalment to Income | Debt to Income | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Subgrade | 1 | -.969 | -.177 | -.024 | .063 | .146 | -.177 | -.103 | -.106 | -.491 | .021 | .127 | -.116 | -.191 | -.090 |
| Interest rate | 1 | .161 | .020 | -.067 | -.157 | .176 | .114 | .113 | .494 | -.036 | -.130 | .109 | .190 | .092 | |
| Loan amount | 1 | .256 | .114 | .178 | -.032 | -.005 | -.049 | .045 | .180 | .001 | .569 | .559 | .036 | ||
| Annual income | 1 | .116 | .174 | .020 | .024 | -.013 | .019 | .149 | -.024 | -.240 | -.238 | -.113 | |||
| Employment Length | 1 | .287 | .021 | -.004 | .071 | .000 | .096 | .023 | -.052 | -.057 | .046 | ||||
| Credit History Length | 1 | .070 | .013 | .059 | -.050 | .223 | -.004 | -.062 | -.078 | .032 | |||||
| Delinquency 2 Years | 1 | .001 | .007 | -.034 | .020 | -.551 | -.058 | -.045 | -.026 | ||||||
| Inquiries Last 6 Months | 1 | .018 | -.071 | .100 | .010 | -.035 | -.027 | -.001 | |||||||
| Public Records | 1 | .075 | -.005 | .047 | -.043 | -.034 | .001 | ||||||||
| Revolving Utilization | 1 | -.091 | .082 | .004 | .040 | .280 | |||||||||
| Open Accounts | 1 | .026 | -.053 | -.058 | .286 | ||||||||||
| Months Since Last Delinquency | 1 | .016 | .006 | .049 | |||||||||||
| Loan Amount to Annual Income | 1 | .985 | .104 | ||||||||||||
| Annual Instalment to Income | 1 | .108 | |||||||||||||
| Debt to Income | 1 |