July marked a notable shift in pace, with loan volume pulling back 10.45% and outstanding balances easing 4.56%, reflecting a more measured origination environment following Q2's strong run. Encouragingly, delinquency metrics improved across the board—Par 30 down 0.87%, Par 60 down 0.83%, and Par 90 down 0.63%—signaling meaningful strengthening in credit quality across the portfolio. The collection rate declined 16.20%, an area of focus as the team recalibrates recovery efforts alongside the softer origination cycle. Loan terms shortened 4.98%, and interest rates eased 6.24%, positioning the portfolio with a leaner, more borrower-friendly profile. As the second half gets underway, improving credit fundamentals provide a solid backdrop for a disciplined return to growth in the months ahead.
A full breakdown of the calculations for these metrics is available here.
| Indicator | July MoM |
|---|---|
| Volume | -10.45% |
| Outstanding Balance | -4.56% |
| Par 30 | -0.87% |
| Par 60 | -0.83% |
| Par 90 | -0.63% |
| Collection Rate | -16.20% |
| Term | -4.98% |
| Interest | -6.24% |