October carried the stabilization narrative forward, with loan volume building modestly at 0.48% while outstanding balances pulled back slightly by 0.93%, reflecting a measured recalibration in overall exposure as origination holds steady. Delinquency metrics moved marginally higher—Par 30 up 0.84%, Par 60 up 0.30%, and Par 90 up 0.27%—showing contained, well-paced shifts across buckets. The collection rate softened 1.65%, a meaningful improvement in trajectory from prior months and a sign that recovery efforts are beginning to find their rhythm. Loan terms shortened 1.41%, while interest rates eased 0.66%, preserving attractive conditions for borrowers while keeping lender economics balanced. As Q4 gets underway, the portfolio’s steady origination cadence and improving collection trend set a constructive tone for closing out the year.
A full breakdown of the calculations for these metrics is available here.
| Indicator | October MoM |
|---|---|
| Volume | 0.48% |
| Outstanding Balance | -0.93% |
| Par 30 | 0.84% |
| Par 60 | 0.30% |
| Par 90 | 0.27% |
| Collection Rate | -1.65% |
| Term | -1.41% |
| Interest | -0.66% |