The data for November indicates a mixed picture. While there are positive aspects such as increased outstanding balances and a decrease in loans that are 90 days past due, there are also concerning signs such as a negative collection rate and increases in Par 30 and Par 60. Lenders should closely monitor these trends and assess their impact on the overall health and risk profile of their loan portfolios. Additionally, understanding the reasons behind the changes in collection rates and loan terms is essential for making informed decisions to help turn collection rates around and prevent increase in defaults in the coming months.
A full breakdown of the calculations for these metrics is available here.
| Indicator | Nov MoM |
|---|---|
| Volume | -0.38% |
| Outstanding Balance | 7.29% |
| Par 30 | 0.42% |
| Par 60 | 0.22% |
| Par 90 | -0.10% |
| Collection Rate | -13.42% |
| Term | 6.33% |
| Interest | -0.94% |