September confirmed the stabilization trend taking shape, with loan volume turning positive at 0.10% and outstanding balances expanding 1.99%, pointing to a measured but steady return of origination momentum. Delinquency metrics shifted modestly higher—Par 30 up 0.42%, Par 60 up 0.58%, and Par 90 up 0.42%—reflecting contained movement across buckets as the portfolio grows. The collection rate declined 4.14%, remaining a focus area as recovery efforts continue to recalibrate alongside shifting portfolio dynamics. Loan terms shortened 2.34%, while interest rates ticked up 0.32%, striking a balance between borrower-friendly conditions and supportive lender economics. As Q3 wraps up, the portfolio enters the final stretch of the year with renewed growth, stable credit trends, and a steady foundation for a strong close.
A full breakdown of the calculations for these metrics is available here.
| Indicator | September MoM |
|---|---|
| Volume | 0.10% |
| Outstanding Balance | 1.99% |
| Par 30 | 0.42% |
| Par 60 | 0.58% |
| Par 90 | 0.42% |
| Collection Rate | -4.14% |
| Term | -2.34% |
| Interest | 0.32% |