Let’s have a look at the Portfolio trend from October. On one hand the financial progress looks really nice on the other hand I see some drawbacks.
Positive: October was the best month of financial recovery from defaulted loans since the beginning
Negative: Some loans with relative high remaining principal investments are defaulted
In sum the total default rate raised by 0,1% compared with last month. Share of external bought loans without AI drops to 8,5% but are still contributing 6% to the total default rate.
