The data for December shows a generally positive trend with increases in loan volume and outstanding balances, along with improvements in delinquency metrics. However, challenges in the collection rate persist with the holidays and hopefully there is an increase in January. For the first time in months, interest rates have started to increase which also led to increases in loan terms which should be carefully monitored for their potential impact on the risk profile.
A full breakdown of the calculations for these metrics is available here.
| Indicator | Dec MoM |
|---|---|
| Volume | 2.39% |
| Outstanding Balance | 3.59% |
| Par 30 | -0.41% |
| Par 60 | -0.18% |
| Par 90 | -0.15% |
| Collection Rate | -5.35% |
| Term | 0.12% |
| Interest | 0.16% |