March showed a modest stabilization in origination activity, with loan volume inching up 0.32% while outstanding balances declined 1.25%, indicating a slight contraction in overall exposure. Delinquency metrics continued to rise—Par 30 increased 1.77%, Par 60 rose 0.98%, and Par 90 climbed 0.49%—highlighting persistent repayment pressure across portfolios. The collection rate fell another 1.16%, suggesting recovery challenges remain ongoing. Loan terms shortened further, down 1.38%, while interest rates declined 1.58%, easing borrower costs but tightening lender margins. As Q1 comes to a close, managing credit quality while navigating uneven growth remains a key focus.
A full breakdown of the calculations for these metrics is available here.
| Indicator | March MoM |
|---|---|
| Volume | 0.32% |
| Outstanding Balance | -1.25% |
| Par 30 | 1.77% |
| Par 60 | 0.98% |
| Par 90 | 0.49% |
| Collection Rate | -1.16% |
| Term | -1.38% |
| Interest | -1.58% |