Origination Report: Consumer Unsecured, September 2023

The latest installment of the dv01 Origination Report is now available. 

Quick Insights

• Consumer Unsecured: dv01 analyzed GWACs and credit card rates and found that, given increasing rates on credit cards, borrowers may be more incentivized to refinance debt into installment loans. 

• Consumer Unsecured: Loan volume declined 16.8% MoM—the largest non-COVID related decline in the sector's history. Due to this dramatic drop, analysis by attributes is limited.