Author Topic: Spike in IGP this month?  (Read 4694 times)

rubicon

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Spike in IGP this month?
« on: January 13, 2017, 05:55:51 PM »
I'm seeing a spike in IGP this month. Anyone else seeing the same thing?

Lovinglifestyle

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Re: Spike in IGP this month?
« Reply #1 on: January 13, 2017, 09:44:38 PM »
Definitely. Xmas overspending?

JohnnyP

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Re: Spike in IGP this month?
« Reply #2 on: January 14, 2017, 12:09:12 AM »
December was horrid for me.

jz451

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Re: Spike in IGP this month?
« Reply #3 on: January 14, 2017, 12:56:25 AM »
Not so far, but November was really bad for me.

fliphusker

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Re: Spike in IGP this month?
« Reply #4 on: January 14, 2017, 09:30:05 AM »
Guess I am not the norm, my account is in the best shape it has been since I started.

.Ryan.

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Re: Spike in IGP this month?
« Reply #5 on: January 14, 2017, 10:17:47 AM »
Yep, I'm feeling the spike in new nonpayments, which for me happened in late December. Now that those are hitting the Late (16-30) mark right now, the percentage of notes in that category have jumped from about .5% to nearly 1%. Its been painful to watch.

rubicon

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Re: Spike in IGP this month?
« Reply #6 on: January 14, 2017, 01:14:31 PM »
My "Adjustment for Past-Due Notes" has grown by 15% since 31 Dec. Capital base has been stable for a few months.
« Last Edit: January 14, 2017, 01:25:46 PM by rubicon »

Rob L

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Re: Spike in IGP this month?
« Reply #7 on: January 14, 2017, 05:45:46 PM »
My "Adjustment for Past Due Notes" has grown by 14% since 31 Dec with stable principal invested.
However, interestingly IGP =-23%, Late 16 - 30 days = +37%, Late 31 - 120 days = +9.6%.
Could be the effects of my fall selling spree are still showing up in my numbers. Needless to say I don't like what I see.

.Ryan.

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Re: Spike in IGP this month?
« Reply #8 on: January 14, 2017, 06:39:58 PM »
Yep, my total adjusted late has jumped 20% since December 31st.  What is with that?

bluto

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Re: Spike in IGP this month?
« Reply #9 on: January 14, 2017, 08:19:02 PM »
October and November were horrid for me (worst credit months since 2009) but December and January both improved from the prior low base (still under the last 3 year credit average but better than the last two months. 

fliphusker

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Re: Spike in IGP this month?
« Reply #10 on: January 27, 2017, 11:49:19 AM »
I stated above that December was my best month, but things have turned.  A week ago I had 0 IGP.  Today I have 11.  Would say half are on payment plans at least.  Lots of misguided XMAS spending I am hoping. 
My furnace is going along with this trend and having issues too.  :(

SeanMCA

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Re: Spike in IGP this month?
« Reply #11 on: January 27, 2017, 01:28:08 PM »
Now that it's being mentioned, it looks like mine have shot up as well. 42 IGP right now, above normal for me
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