In another thread here we are learning how much of this "daily active users" is actually bots run by corporations.
I for myself have shown myself out of Facebook and enjoy real live interactions with human beings like it's the '90s.
How can you not fault Uber for this? There is a rule of law in this country that has to be observed. Furthermore, it clearly shows intent to cover up illegal activities.
Based on the chart the share was a stable 2.5% this year. Then there was a slight uptick in July, and a rapid increase from 2.5% to 7.5%.
Was there any major Linux release that would explain that ?
Otherwise, i'd go with "This report contains preview data that has NOT been reviewed by Quality Assurance."
I am using lately 'nearby events happening now' apps to get myself away from the screen on the weekends and meet people for sports and hobbies. It's really liberating.
~18.8% is roughly 20% or every fifth student loan in the country. If 20% of your portfolio can't repay it's debt that's usually a bad portfolio.
In a simplified model : Assume you give 100 dollar to five people with the intent to earn 5 dollar on interest of each (total 25 dollar interest income.) If now one of them can't pay back the 100 dollar you lose the 100 dollar and the five dollar interest income. So instead of 25 dollar income you get (20-100-5 = -85 dollar).
To avoid this situation you start calling the guy (collections activities). Effecting your earnings again.
Of course one months in arrears is not immediately the road to immediate doom, but it is an early warning indicator.
Especially if you look into trends to understand the behavior of the portfolio.
In this case the early-stage delinquencies have been improving since 2014 and starting 2017 reversed that trend.
So if the trend continues this portfolio segment will grow again leading to more losses and collection activities.
Don't understand why this is down-voted because it brings up a valid point.
The Financial Services sector is heavily regulated because of the importance of trust and correct information. You can bring the system to an immediate standstill since most of the automation in the sector relies heavily on credit bureau data.
I believe Amazon, Tesco, etc actually would hold now the most accurate information about customer repayment ability in the retail segment.