The secured loans are now up to 17% of the book. 90% of the book are A or B grade. Also 44% of the borrowers own their own home even if we haven't taken security. (We only take security if the loan is over $30k.) And there are currently no arrears on the book (as at today) which although a young book is good after Christmas. We'll post another Credit update to the web site shortly.
Thanks JB
Thats good to hear - ill look forward to the next update
Originally Posted by JB@Squirrel
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