Renewals figure dropped for Nov and Dec stats

stub8535
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Renewals figure dropped for Nov and Dec stats Jan 18, 2017 21:11:47 GMT via mobile fp likes this

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Post by stub8535 on Jan 18, 2017 21:11:47 GMT

Has anyone any idea why FS statistics page has changed and have now started to put renewals figure as 0 for November and December?
If they are putting renewals into new loans figure that is misleading.
This would explain why any renewal states "new loan coming tomorrow" with the next line starting "This is a renewal.... ".
Bit naughty IMHO. What do others think?
FS staff, care to comment please?

ozboy Member of DD Central Mine's a Large One! (Snigger, snigger .......) Posts: 3,156 Likes: 4,830	Renewals figure dropped for Nov and Dec stats Jan 19, 2017 22:47:02 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by ozboy on Jan 19, 2017 22:47:02 GMT Yes, naughty, hopefully FS will comment ..........................

stub8535
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personal opinions only. Not qualified to advise on investment products.

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Renewals figure dropped for Nov and Dec stats Jan 19, 2017 23:27:03 GMT via Tapatalk 09dolphin likes this

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Post by stub8535 on Jan 19, 2017 23:27:03 GMT

Does the fact that Fs are putting rollovers, even distressed ones, into the total amount lent create reporting issues for, say, the default figure?
It certainly skews growth figures if used by others reporting market size and growth.
I find it strange that the trade association does not state how statistics should be displayed and how renewals should be accounted for.

Renewals figure dropped for Nov and Dec stats

Post by stub8535 on Jan 18, 2017 21:11:47 GMT

Post by ozboy on Jan 19, 2017 22:47:02 GMT

Post by stub8535 on Jan 19, 2017 23:27:03 GMT