Author Topic: 2 days close to each other, lot of recoveries  (Read 812 times)

mschoenf

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2 days close to each other, lot of recoveries
« on: February 27, 2018, 10:50:15 PM »
Still only 0.3% of total charged off loans, but nice to see them working the phone bank a bit!  Don't recall seeing 2 big dumps of recoveries this close to each other, 2/24 and 2/27.  Perhaps the borrowers are feeling guilty about our low returns?   ;)

lascott

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Re: 2 days close to each other, lot of recoveries
« Reply #1 on: February 28, 2018, 12:09:22 AM »
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Don't recall seeing 2 big dumps of recoveries this close to each other, 2/24 and 2/27.
I agree I don't recall seeing that either and was a bit surprised.  I'd rather still they would have spent the time getting higher quality loaners as good recoveries - fees will never come close to making our expected returns.
Tools I use: (main) BlueVestment: https://www.bluevestment.com/app/pricing + https://www.interestradar.com/ , (others) Lending Robot referral link: https://www.lendingrobot.com/ref/scott473/  & Peercube referral code: DFVA9Y