Quote Originally Posted by permutation View Post
Impressive figures regarding write-offs "Cool Bear" I have a third of your loans but similar proportion of write-off figures early on in the piece!
your 3 out of 500 is a touch better than my 10 out of 1600. My worry is that all 10 are from my first 2 months so far. That means that in time the latter months will also go bad and the writeoff rate is far from being the true rate yet!! I think we need to be in at least 18 to 30 months to get the true picture.