Tracks a specific group of loans (e.g., all loans made in March 2024) over their lifetime.
This report provides a comprehensive overview of a performance, focusing on collection efficiency, portfolio health, and operational benchmarks. 📊 Executive Summary: Portfolio Health
Identifies customers who are delinquent but have paid something recently. buy here pay here payment center
Summarizes cash, credit, ACH, and checks while highlighting NSFs (Non-Sufficient Funds) and chargebacks. 5. Promise-to-Pay (PTP) Kept Rate Purpose: Measures collector effectiveness.
The percentage of customers who made a "Promise to Pay" and actually followed through. Tracks a specific group of loans (e
1–10 days, 11–30 days, 31–60 days, and 61+ days.
Helps collectors prioritize accounts that have had zero activity versus those making small "good faith" payments. 3. Static Pool (Vintage) Analysis Summarizes cash, credit, ACH, and checks while highlighting
Bad debt expense has risen to approximately 28% of sales due to inflationary pressures on consumers.