Click, Buy, Pay later with Interest-free monthly instalments. But, is it's so simple?
Hey Soham, could you elaborate and simplify more on what Forward Flows and Roll back means?
Forward flows is the change in the delinquent bucket i.e. a borrower who was in 0-30 days DPD moved to next stage of s/he does not pay in the current month. roll backward is reversed. It is checked to evaluate the recovery efficiency of a lender.
Excellent post. Collection is very important in Credit business. We have to see how these Fintechs will be able to efficiently collect the money back.
Hey Soham, could you elaborate and simplify more on what Forward Flows and Roll back means?
Forward flows is the change in the delinquent bucket i.e. a borrower who was in 0-30 days DPD moved to next stage of s/he does not pay in the current month. roll backward is reversed. It is checked to evaluate the recovery efficiency of a lender.
Excellent post. Collection is very important in Credit business. We have to see how these Fintechs will be able to efficiently collect the money back.