Investor Presentaiton
P.R. Personal Loans Portfolio
•
Highlights:
The portfolio balance has been steadily increasing
due to higher originations
Delinquency has increased gradually during 2023,
but remains below pre-pandemic performance
NCO rate has been increasing, approaching Q4 2019
level
The FICO mix of originations has remained robust,
with weighted-average FICO scores of approximately
738 in recent vintages, similar to pre-pandemic
FICO Mix of Originations
(% of Approved Amount)
Delinquency
($ in millions)
Avg. 2011-2019 9/30/2023
3.61%
2.87%
$1,763
$1,686
$1,586
$1,613
$1,518
$1,368 |
$1,388
$1,275
$1,288
$1,303
3.2%
2.9%
2.9%
2.9%
2.7%
2.6%
2.6%
2.6%
2.5%
2.5%
$43
$37
$37
$36
$36
$39
$40
$41
$44
$51
Q419
Q3 21
Q4 21
Q1 22
Q2 22
Q3 22
Q4 22
Q1 23
Q2 23
Q3 23
740
743
738
736
741
746
740
738
738
4.19%
3%
3%
3%
100%
3%
2%
2%
1%
1%
1%
700
3%
3%
3%
3%
5%
4%
4%
5%
600
80%
500
45%
44%
46%
$14
50%
51%
53%
49%
56%
56%
60%
400
40%
300
I
200
47%
49%
49%
20%
43%
43%
44%
43%
40%
40%
100
0%
0
2015
2016
2017
2018
2019
2020
2021
2022
2023 Sep
YTD
Differences due to rounding
750+
1650-749
<650
I No FICO
WA FICO
I Portfolio
30+ DPD
30+ DPD/Portfolio
NCOs and NCO-to-Loan Ratio
($ in millions)
Avg. 2011-2019
2.53%
YTD
3.37%
4.01%
$13
$12
$10
$8
$6
$6
$6
$5
$17
Q419
Q3 21
Q4 21
Q1 22
Q2 22
Q3 22
Q4 22
Q1 23
Q2 23
Q3 23
22
Personal Loans NCOs
―NCO %View entire presentation