{"id":29458,"date":"2020-02-18T13:57:51","date_gmt":"2020-02-18T11:57:51","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=29458"},"modified":"2020-02-18T13:57:51","modified_gmt":"2020-02-18T11:57:51","slug":"bondora-recoveries-approach-50000","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/bondora-recoveries-approach-50000\/","title":{"rendered":"Bondora recoveries approach 50,000"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In January, Bondora closed in on the 50,000 mark for recovered payments. In total, 49,069 missed payments were recovered, a <a href=\"https:\/\/www.goandgrow.eu\/blog\/15-growth-in-recoveries-in-december\/\">4.04% increase from December<\/a>. Recoveries were higher almost across the board, with Spanish recoveries performing well on the month, climbing 5.61% to 12,110.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Recovery-by-count-of-loans-Jan-2020-636x1024.png\" alt=\"Recovery by count of loans Jan 2020\" class=\"wp-image-29459\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Cash Recoveries Increase Even Further <\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There was a 9.25% increase in cash recovered on the month, totaling \u20ac535,720, putting the average payment recovery at \u20ac10.92. Most notable was default and court recoveries, which grew 12.70% to \u20ac171,087.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Recovery-performance-cash-flow-Jan-2020.png\" alt=\"Recovery performance cash flow Jan 2020\" class=\"wp-image-29465\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Recovery rate for 2020 comes in strong<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The initial reporting of the 2020 recovery rate came in very strong at 79.63%. As always, expect this number to normalize lower over time as missed payments increase. Accounting for the 2020 rate, the cumulative recovery rate from 2014-2020 was 47.96%, a significant jump from the 43.81% cumulative rate one month ago.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Recovery-rate-year-Jan-2020-Bondora-1024x901.png\" alt=\"Recovery rate year Jan 2020 - Bondora\" class=\"wp-image-29471\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Spanish recoveries perform well<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Leading the charge on the 2020 recovery rate was Spanish recoveries, which came in at 161.69%. Spanish recoveries also were higher for 2019 recoveries, with an 84.04% recovery rate in January compared to a 77.75% rate in December. Meanwhile, Estonian and Finnish recovery rates for 2019 remained consistent, changing less than 1% compared to last month.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Recovery-rate-year-and-country-Jan-2020-Bondora-1024x894.png\" alt=\"Recovery rate year and country Jan 2020 - Bondora\" class=\"wp-image-29477\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Higher recoveries led by Spain<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">As Bondora closes in on new record-high recoveries, it is Spanish recoveries leading the charge. Both cash and total recoveries were higher on the month, leading to a strong starting 2020 recovery rate as a whole.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can always view missed payment recoveries and all other Bondora data at any time. Check out our <a href=\"https:\/\/www.goandgrow.eu\/en\/public-statistics\">real-time statistics<\/a> to see not only recovery data on all Bondora missed payments, but loan history, returns data, and more.<\/p>\n\n\n\n<p class=\"has-background has-very-light-gray-background-color wp-block-paragraph\"><em>*As with any investment, your capital is at risk and the investments are not guaranteed. The yield is up to 6.75% p.a. Before deciding to invest, please <a href=\"https:\/\/www.goandgrow.eu\/en\/riskstatement\">review our risk statement<\/a> or consult with a financial advisor if necessary.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In January, Bondora closed in on the 50,000 mark for recovered payments. In total, 49,069 missed payments were recovered, a 4.04% increase from December. Recoveries were higher almost across the board, with Spanish recoveries performing well on the month, climbing 5.61% to 12,110. Cash Recoveries Increase Even Further There was a 9.25% increase in cash [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[],"class_list":["post-29458","post","type-post","status-publish","format-standard","hentry","category-stats-and-data"],"acf":[],"featured_image":null,"categories_names":["Stats &amp; Data"],"category_name":"Stats &amp; Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/29458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=29458"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/29458\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=29458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=29458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=29458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}