In June 2024, Cascade clients experienced a notable decline in loan volume, while outstanding balances saw a modest increase. Delinquency metrics worsened across the board, with rises in Par 30, Par 60, and Par 90 rates, indicating increased repayment challenges. The collection rate continued to decline significantly, suggesting ongoing difficulties in recovering overdue payments. Loan terms remained relatively stable with a slight decrease, and interest rates saw a marginal increase. Overall, the data points to emerging risks in loan performance and collection effectiveness, underscoring the need for careful monitoring and strategic adjustments.
A full breakdown of the calculations for these metrics is available here.
| Indicator | June MoM |
|---|---|
| Volume | -12.39% |
| Outstanding Balance | 1.89% |
| Par 30 | 0.35% |
| Par 60 | 0.63% |
| Par 90 | 0.32% |
| Collection Rate | -5.52% |
| Term | -0.03% |
| Interest | 0.01% |