Like described in the last Portfolio Overview from April: I was quite busy in the last weeks performing completely in homeoffice and with my solar power plant installation. Nevertheless I’m quite aware regarding the current distractions in the P2P area. Personally I am reducing my short term P2P investments while I’ll keep the long running like Bondora.
Some Loan orginators are offering a Moratorium to lenders in order to pay their installments at a later point of time. In Bondoras Blog regarding current updates of Covid-19 I didn’t find information regarding a Moratorium. Nevertheless I’ve the feeling something is happening. My defaults in March & April were quite low – nice to see but unusal. That’s why I updated the Investor Dashboard with an additional state “Moratorium”
All loans overdue more than 60 days which are not marked as default will be counted in state Moratorium.
Even if the number has nothing to do with the actual situation I think it’s quite useful. It shows “the thin red line” of loans between state “late” and “defaulted”. Let’s see how the numbers will look like after a period of time.
