Collection & Recovery

July 2022: Over €1M Recovered

Collection & Recovery

After a slow June, our collection and recovery figures rebounded as anticipated. The number of recovered loans, as well as the total cash recovered, increased. The total recovered cash also climbed to exceed €1 million once again! Read more: The count of loans grew by 0.5% to 79,395 loans in July. And the cash total…

78,972 Loans Recovered in June

Collection & Recovery

As expected, June’s cashflow figures are lower than May’s, which skyrocketed due to the sale of old, defaulted loans from the Estonian market. Our cash recovery decreased by 63.0% to €815,746. But in contrast, the number of recovered loans increased by 3.4% to 78,972 loans recovered. Read more: Overall, in June, we recovered a total…

Over €2.2M recovered: New 2022 Collection Record

Collection & Recovery

Our cash recovered increased by 174.6% to €2,204,584. This is one of our highest figures in history and a new record for 2022! As in April, the majority was recovered from Estonia (€1,628,524). In contrast to April, when we set a new record for the number of missed payments recovered, this figure decreased in May…

New Record Number of Recoveries in April

Collection & Recovery

Even though our cash recoveries declined in April, the number of recovered loans increased. Across all countries, recovered missed payments increased by 2.3% to 79,281. This means we have a new record for the most missed payments recovered! Read more: In March, we had stellar recovery rates with a 61.6% increase in cash recovered. But…

New Highs for 2022 Collection & Recoveries

Collection & Recovery

The collection and recovery efforts in March set new record highs for 2022. The cash collected increased by a whopping 61.6% from February, totaling €1,249,637. And 77,471 missed payments were recovered, which is the highest number in Bondora’s history! Read more: February was the first time in 6 months that the number of payments recovered…

€773,447 Recovered in February

Collection & Recovery

After a very ambitious January, the collection and recovery numbers settled more in February. The number of payments and the cash collected declined by 0.6% and 16%, respectively. This is the first time in 6 months that the number of payments recovered didn’t increase. A total of 74,786 payments were recovered, and €773,447 cash was…

Strong Increases for Bondora Recoveries

Collection & Recovery

The collection and recovery team started 2022 on a high note. The number of loans and the total amount of debt recovered increased from the previous month. This is the 5th consecutive month that the number of loans recovered rose. A total of €920,640 was recovered in January. True to the historical pattern, most debt…

Bondora Recoveries End 2021 on Positive Note

Collection & Recovery

December’s collection figures paint a similar picture to what we saw in November, showcasing a sustainable and solid month of recoveries. After increasing since September, the count of loans recovered rose again in December, this time by 2.1% to 73,962. A total of €855,788 was recovered. Read more: As we’ve come to expect, most recoveries…

Another Smooth Month for Recoveries

Collection & Recovery

November was a slower month for recoveries, but a smooth month, nonetheless. A total of €872,189 was recovered from missed payments. The number of payments collected came to 72,418, a 2.2% increase from October. Once again, the Bailiff phase makes up the bulk of all recoveries, accounting for 33,157 recoveries, which is a 45.8% share….

Bondora Recoveries Stabilize Just Below €1 Million

Collection & Recovery

After a booming September, where Bondora recovered more than €2.3 million in missed payments, these figures subsided in October. A total of €977,354 was recovered. Still, even as the total cash recovered dropped back down to earth, the number of recoveries grew over the month. A total of 70,876 missed payments were recovered in October,…