Rate sheet descriptive statistics
| Rate sheet option | Avg. price (interest rate %) | Avg. incentive ($)* | Selection rate (%) |
|---|---|---|---|
| Option 1 | 6.65 | 1,137 | 54.61 |
| Option 2 | 5.77 | 949 | 15.31 |
| Option 3 | 5.17 | 733 | 12.53 |
| Option 4 | 4.73 | 542 | 13.19 |
| Option 5 | 4.16 | 165 | 3.30 |
| Option 6 | 3.98 | 109 | 1.05 |
| Rate sheet option | Avg. price (interest rate %) | Avg. incentive ($)* | Selection rate (%) |
|---|---|---|---|
| Option 1 | 6.65 | 1,137 | 54.61 |
| Option 2 | 5.77 | 949 | 15.31 |
| Option 3 | 5.17 | 733 | 12.53 |
| Option 4 | 4.73 | 542 | 13.19 |
| Option 5 | 4.16 | 165 | 3.30 |
| Option 6 | 3.98 | 109 | 1.05 |
Notes:
*In addition to agent incentive, agents also received a credit quality bonus for Tier 1 customers. This value ranged from $150–$300 by month