Model 2 description here.
Some ideas of data quality to check:
Ensure that loans in the sample are completed loans.
Figure out how delinquent is calculated. What does delinquent mean exactly? Missed just one payment? or defaulted and never paid back in full? Could we quantify delinquency by severity, such as those borrowers that only pay back <25% of their principal vs those that pay back >75%?
Model 2 description here.
Some ideas of data quality to check:
Ensure that loans in the sample are completed loans.
Figure out how
delinquentis calculated. What does delinquent mean exactly? Missed just one payment? or defaulted and never paid back in full? Could we quantify delinquency by severity, such as those borrowers that only pay back <25% of their principal vs those that pay back >75%?