December closed the year with a 5.76% rebound in loan volume, the strongest increase in recent months, while outstanding balances continued to rise at a more modest 1.23%. Delinquency metrics improved further, with Par 30, Par 60, and Par 90 all declining, indicating healthier borrower repayment behavior. However, the collection rate saw a significant drop of 6.64%, reversing the previous month’s gains and highlighting ongoing challenges in payment recoveries. Loan terms continued to shorten, down 4.80%, while interest rates declined by 0.47%, potentially easing affordability for borrowers but compressing lender margins. As we move into 2025, balancing growth with risk management will remain a key focus.
A full breakdown of the calculations for these metrics is available here.
| Indicator | December MoM |
|---|---|
| Volume | 5.76% |
| Outstanding Balance | 1.23% |
| Par 30 | -0.19% |
| Par 60 | -0.31% |
| Par 90 | -0.18% |
| Collection Rate | -6.64% |
| Term | -4.80% |
| Interest | -0.47% |