In November 2024, Cascade clients saw a 4.00% decline in loan volumes, contrasting with a 4.11% rise in outstanding balances, reflecting a trend toward fewer but larger loans. Delinquency metrics (Par 30, Par 60, and Par 90) improved modestly, signaling better borrower repayment behavior. Collection rates also rose by 1.59%, marking a positive rebound from earlier challenges. However, interest rates declined by 0.84%, which could pressure lenders' profitability. While signs of stabilization in performance metrics are encouraging, continued focus on adapting risk strategies and enhancing operational efficiency will be crucial as the year ends.
A full breakdown of the calculations for these metrics is available here.
| Indicator | November MoM |
|---|---|
| Volume | -4.00% |
| Outstanding Balance | 4.11% |
| Par 30 | -0.46% |
| Par 60 | -0.58% |
| Par 90 | -0.35% |
| Collection Rate | 1.59% |
| Term | 0.35% |
| Interest | -0.84% |