Today the last review for 2018 of the Demo Portfolio for December. As done in the past let me describe the highlights.
The recovery of late principal from defaulted loans performs very well. December shows the highest recovery ever! On Jan. 01 2019 the default rate was exactly at 18.1%. In sum the default rate decreased by 0.7%. Unfortunately my “Screenshot of Proof” is from yesterday and includes also some defaults January. That’s why the shown default rate is 18.7% but this doesn’t reflect the december performance. Automation is needed to store the key numbers of the Demo Portfolio each beginning of the month. With this the historical view on the numbers is also more transparent.
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