Although E & F grades are only 15% of my investments $765 charged off out of $952 were in those grades. Most of these charge-offs were over the last 6 or so months, so I don't know whether I might start seeing some recoveries later. Possibly the first few instalments paid to a debt collector might be applied to the Debt Collector's and Harmoney's debt collection/bounced payment fees? - I don't know what the procedure is with that. Would be good to hear if investors with older charge-off balances are starting to see many recoveries.
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