Collection & Recovery

Recoveries surpass 50,000 in February

Collection & Recovery

Recovered payments on Bondora once again rose, this time surpassing the 50,000 mark. All told, 51,839 missed payments were recovered in February, a monthly growth of 5.6% over January. Recoveries were up across all origination countries and categories. The most notable increase came from Estonian recoveries which were 6.2% higher on the month. Bailiff recoveries…

Bondora recoveries approach 50,000

Collection & Recovery

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…

15% growth in recoveries in December

Collection & Recovery

It was another month of increased recoveries for Bondora. Total recoveries came in at 47,160 in December, up by 6.3% compared to November. Recoveries in each stage and across all countries were higher, with no category bucking the trend. The most significant increase was default and court recoveries, which were higher by 9.4%. Cash recoveries…

Recoveries increase by 4% again in November

Collection & Recovery

With a total of 44,345 missed payments recovered in November, Bondora recoveries jumped higher by 4% for the second straight month. Recoveries across all stages were higher, with default and court recoveries up the most (6.2%) compared to October. The category with the highest number of recovered payments remains as bailiff recoveries in Estonia (8,966),…

Bailiff recoveries increase by 4% in October

Collection & Recovery

Bondora recoveries jumped once again in October. In total, 42,319 missed payments were recovered on the month, 3.7% higher than September. Bailiff recoveries made the largest increase, up by 4.0% to 15,057. Recoveries were higher across Estonia, Spain, and Finland. Cash Recoveries The amount of cash recovered in October also increased, up to €485,274, bringing…

€470,000 recovered in September

Collection & Recovery

There was a significant increase in recoveries in September compared to last month. In total, there were 40,805 recovered Bondora payments in September, up by 6.9% from August. All categories of recovery, except for rare case recovery, were higher. In-house collection had the biggest jump, up by 17.4%, with Spain accounting for the highest percentage…

€464,000 recovered in August

Collection & Recovery

For the third month in a row the amount of recoveries rose on Bondora. A total of 38,187 in payment recoveries during August equates to a 4.6% increase from July. Collections made in-house by Bondora rose by 8.6% to 8,721, while all other recovery categories also rose slightly. Finland saw the biggest gains in recoveries,…

Recovery Rates Rise in July

Collection & Recovery

For the second straight month, Bondora recovery payments increased. In July there were a total of 36,464 recovered payments, an increase of 4.4% over June. Bailiff recoveries grew by 5.2% to a total of 13,106 on the month. There were increases across the board for recovered payments in Estonia, Spain, and Finland. Cash Recoveries Cash…

June 2019 Recoveries Data

Collection & Recovery

In this post, we’ll discuss the latest recovery figures for June, and how this compares to last month. In June a total of 34,912 loans were in recovery, representing a 4.5% increase from May. Recoveries out of Spain were relatively unchanged on the month, while Finnish and Estonian recoveries were higher by 6.7% and 5.0%…

Recoveries in May Break Records and Approach €0.5M

Collection & Recovery

For the second straight month, Bondora loan recoveries grew. A total of 33,409 recoveries were made in May, up from 30,874 (a gain of 8.2%) the month prior. All recovery categories were higher, with the biggest increase coming in bailiff recoveries, which were up 17.1% to 11,742. Cash Recoveries Up Significantly  While total recoveries were…