{"id":68495,"date":"2021-08-12T11:00:00","date_gmt":"2021-08-12T08:00:00","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=68495"},"modified":"2021-08-12T11:00:00","modified_gmt":"2021-08-12T08:00:00","slug":"two-opposite-trends-emerge-in-julys-recovery-statistics","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/two-opposite-trends-emerge-in-julys-recovery-statistics\/","title":{"rendered":"Two Opposite Trends Emerge in July\u2019s Recovery Statistics"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In July, we noticed a trend not seen often. The collection team at Bondora had another month of increased missed payment recoveries, albeit at a minimal rate. However, the total amount of cash recovered took a dip when <a href=\"https:\/\/www.goandgrow.eu\/blog\/bondora-recovers-almost-e1m-in-debt\/\">compared to June<\/a>, showing a <strong>divergence<\/strong> in these two trends.<\/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\/image-616.png\" alt=\"\" class=\"wp-image-68496\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">All told, 72,492 missed payments were recovered, which is a very slight 0.06% increase from the previous month. The only recovery category to decline was in-house collections, which fell by 0.9% to 12,524 total missed payments recovered. Meanwhile, the only country to see an increase in payment recoveries was Estonia, where there was a 1.6% increase in recoveries.<\/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-perf_count-of-loans_July-766x1024.png\" alt=\"Recoveries by count of loans \u2013 July 2021\" class=\"wp-image-68548\" \/><figcaption><em>Recoveries by count of loans \u2013 July 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-cash-recoveries\">Cash recoveries<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Even amidst an increase in missed payment recoveries and a 19.2% increase in cash recovered last month, July was a different story for cash recoveries. A total of \u20ac884,672 was recovered in July, down 8.8% from June. Bucking this month\u2019s trend was default and court recoveries, which were higher by 4.3% on the month and now account for 15.4% of all cash recovered. Meanwhile, bailiff cash recovered was down by 10.6% to \u20ac725,524.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Recovery-perf_cash-flow_July-1024x981.png\" alt=\"Recoveries by cash flow \u2013 July 2021\" class=\"wp-image-68554\" \/><figcaption><em>Recoveries by cash flow \u2013 July 2021<\/em><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Yearly recovery rate<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The yearly recovery rate for Bondora over the past eight-year period was steady, falling only 0.7% to 42.2%. The rate for 2021 recoveries was down by 4.4% to 53.2. In contrast, recovery rates for the oldest years had an upward trend:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>2014: +0.2%<\/li><li>2015: +0.3%<\/li><li>2016: +0.3%<\/li><\/ul>\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\/image-619.png\" alt=\"Recovery rate \u2013 July 2021\" class=\"wp-image-68514\" \/><figcaption><em>Recovery rate \u2013 July 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Recoveries by country<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">All three origination countries saw their recovery rates fall for 2021. Returns for Spanish originations fell by 12.2% to 90.4%. Estonian origination returns were still strong, coming in at 72.5%. Estonian rates for 2020 increased by 0.03% to 64.6%. 2020 Finnish recovery rates were also higher by 0.7% to 23.9%.<\/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\/image-620.png\" alt=\"Recovery rate by country \u2013 July 2021\" class=\"wp-image-68520\" \/><figcaption><em>Recovery rate by country \u2013 July 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A trend divergence<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In July, there was a divergence in the Bondora recovery market. While the number of missed payment recoveries grew slightly to 0.06%, the amount of cash recovered, on the other hand, fell by 8.8%. This is an interesting statistical trend to watch and see how it will change in the future.<\/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","protected":false},"excerpt":{"rendered":"<p>In July, we noticed a trend not seen often. The collection team at Bondora had another month of increased missed payment recoveries, albeit at a minimal rate. However, the total amount of cash recovered took a dip when compared to June, showing a divergence in these two trends. All told, 72,492 missed payments were recovered, [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":68496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[113,103],"class_list":["post-68495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats-and-data","tag-collectionrecovery","tag-english"],"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\/68495","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=68495"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/68495\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=68495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=68495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=68495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}