Updated Loan Performance Report – Q4 2018

Staying up to date on consumer trends, preferences and loan performance is key to providing them with the products and services they need. For three years now, our trends report has been the go-to resource for lenders or anyone seeking valuable insights into alternative credit data and non-prime borrower behavior in the alternative financial services market.

In addition to our trends report, we’ve gathered data on funded loans from Q4 2018 and presented the results in an updated loan performance report. Download now to see these additional insights!

Q4 2018 Loan Performance Report – At-a-Glance

Highlights from the report:

  • Returning consumers defaulted at higher rates in 2018 than they did in 2017.
  • First payment defaults for consumers returning to the market have grown slightly the past 3 years.
  • Growth in the number of borrowers from 2017 to 2018 has little relation to changes in default rate.