Table 4.
Default by CSR score.
| Total Down payment | Total financed | Total cost of services | Total amount default | Downpayment % of total cost of services | Financed amounts % of total cost | Amount default % of financed amount | Amount default % of total cost | Percentage of total financed (CSR scores only) (%) | Percentage of total cost of services (CSR scores only) (%) | |
|---|---|---|---|---|---|---|---|---|---|---|
| A+ (n = 27) | $9,033.87 | $25,466.24 | $34,500.11 | $0.00 | 26.2% | 73.8 | 0.0 | 0.0 | 1.2 | 1.1 |
| A (n = 116) | $48,232.92 | $115,743.50 | $163,76.40 | $0.00 | 29.4% | 70.6 | 0.0 | 0.0 | 5.4 | 5.2 |
| B (n = 199) | $108,182.97 | $193,216.20 | $301,399.20 | $1,883.59 | 35.9 | 64.1 | 1.0 | 0.6 | 9.0 | 9.5 |
| C (n = 421) | $199,693.28 | $382,107.50 | $581,800.80 | $8,829.01 | 34.3 | 65.7 | 2.3 | 1.5 | 17.8 | 18.3 |
| D (n = 590) | $244,250.45 | $461,680.50 | $705,931.00 | $28,357.54 | 34.6 | 65.4 | 6.1 | 4.0 | 21.5 | 22.2 |
| E (n = 534) | $231,754.67 | $446,115.40 | $677,870.00 | $40,531.63 | 34.2 | 65.8 | 9.1 | 6.0 | 20.8 | 21.3 |
| F (n = 316) | $92,436.20 | $230,434.20 | $322,870.40 | $25,839.60 | 28.6 | 71.4 | 11.2 | 8.0 | 10.7 | 10.1 |
| G (n = 358) | $104,210.65 | $289,687.30 | $393,898.00 | $50,981.60 | 26.5 | 73.5 | 17.6 | 12.9 | 13.5 | 12.4 |
| A+,A,B,C (n = 763) | $365,143.04 | $716,533.44 | $1,081,676.51 | $10,712.60 | 33.8 | 66.2 | 1.5 | 1.0 | 33.4 | 34.0 |
| DEF (n = 1,440) | $568,441.32 | $1,138,230.10 | $1,706,671.40 | $94,728.77 | 33.3 | 66.7 | 8.3 | 5.6 | 53.1 | 53.6 |
| DEFG (n = 1,798) | $672,651.97 | $1,427,917.40 | $2,100,569.40 | $1,45,710.37 | 32.0 | 68.0 | 10.2 | 6.9 | 66.6 | 66.0 |
| EF (n = 850) | $324,190.87 | $6,76,549.60 | $1,000,740.40 | $66,371.23 | 32.4 | 67.6 | 9.8 | 6.6 | 31.5 | 31.4 |
| EFG (n = 1,208) | $428,401.52 | $966,236.90 | $1,94638.40 | $1,17,352.83 | 30.7 | 69.3 | 12.1 | 8.4 | 45.1 | 43.8 |
| CSR Score Total (n = 2,561) | $1,037,795.01 | $2,144,451.00 | $3,182,246.00 | $1,56,423.00 | 32.6 | 67.4 | 7.3 | 4.9 | ||
| No CSR Score (n = 15,818) | $5,271,442.56 | $1,0,882,492.00 | $16,153,935.00 | $1,000,213.00 | 32.6 | 67.4 | 9.2 | 6.2 | ||
| Total Dataset (closed accounts) | $6,309,237.57 | $13,026,943.00 | $193,36,181.00 | $1,156,636.00 | 32.6 | 67.4 | 8.9 | 6.0 |