Loans by Loan Status
This graph shows the volumes for each loan category that are reported to Microbilt’s database. You can see the proportions of the different categories in comparison with each other. This data is presented for each Week so you can see the trends over time. The most recent two weeks have a much higher rate of Open loans since these are new loans and it takes at least two weeks or more for a consumer to repay a loan. Once they have had time to repay they will usually be reported into one of the other categories.
