Posted by Last year, I launched the loan originator comparison page on the blog, which has proven to be very popular based on your feedback. Thanks to your suggestions, I have now made several adjustments to the methodology, particularly regarding the criteria and their weighting.
The biggest change concerns the calculation of portfolio quality. Instead of relying solely on the default rate, the analysis now uses a risk cost ratio, meaning impairment expenses in relation to the loan income generated during the same year. The question is therefore no longer how many loans have defaulted relative to the total portfolio, but whether the losses can be covered by ongoing income.
Alongside the updated methodology, numerous financial statements have also been newly reviewed and analysed. 111, to be precise. This includes several new loan originators, for example from platforms such as Swaper and Lendiball.