New Record Number of Recoveries in April

Even though our cash recoveries declined in April, the number of recovered loans increased. Across all countries, recovered missed payments increased by 2.3% to 79,281. This means we have a new record for the most missed payments recovered! Read more:

New record number of recoveries in April.

In March, we had stellar recovery rates with a 61.6% increase in cash recovered. But in April, cash collections reverted to more typical rates, with a 35.8% decline. Despite this decline, we still recovered an impressive cash total of €802,718.

The percentage share among countries and stages remained almost identical to March’s numbers. As we’ve come to expect, most recoveries were made during the Bailiff phase, accounting for 33,358 loans—a majority 43.3% share. And again, the Default & Court phase had the second-most, with 20,663 recoveries—a 26.1% share.

Recoveries by the count of loans – April 2022
Recoveries by the count of loans – April 2022 (Click to enlarge)

Cash recoveries

As could be expected, after the massive increase in March, the cash recoveries settled in April with a 35.8% decline, with the most significant decline (42.8%) coming from Estonia. This came to a total of €802,718.

Despite Estonia’s significant decline, they still hold the majority cash total with €378,392, followed by Finland’s €357,653. Spain trails in third place with €66,608.

When looking at the percentage share of cash recovered from countries, we noted some differences. Estonia’s share decreased from 52.9% to 47.1%. On the other hand, Finland’s share increased from 40.4% to 44.6%, and Spain’s also increased from 6.6% to 8.3%.

And as was the case last month, the Bailiff stage accounted for the most recovered cash, an 83.2% share totaling €667,596. This is a 4.7% decrease from March. However, the Default and Court stage and the Rare cases increased their shares by 3.4% and 1.4%, respectively.

Recoveries by cash flow – April 2022
Recoveries by cash flow – April 2022 (Click to enlarge)

Yearly recovery rate

As we venture further into the year, the 2022 recovery rate will settle more and more every month. In April, it was a solid 98.9%. We expect this to decline as the year continues gradually.

In March, 6 of the 9 years increased their yearly recovery rates. But in contrast, in April, 6 of the 9 years decreased. The lowest rate still comes from 2017, although it increased slightly to 29.43% from 29.40% in March. Apart from the unfinished 2022 year, 2021 still has the highest rate, 71.8%. And the 2014-2022 recovery rate remains strong at 51.0%.

Recovery rate – April 2022
Recovery rate – April 2022 (Click to enlarge)

Recoveries by country

Similar to March, Spain remains the vast outlier in 2022 recoveries, with a recovery rate of 168.2%. Estonia remains more or less the same, declining just 0.6% to 93.0%. Finland decreased a lot more, from 132.8% in March to 96.6% in April. As was the case in previous months, Estonia retains the lead for all the other years before 2022.

Recovery rate by country – April 2022
Recovery rate by country – April 2022 (Click to enlarge)


We entered Q2 on a high note; we had our highest number of recovered missed payments in the history of Bondora—79,281. This is the 2nd month in a row of setting a new record, so let’s see what will happen in May. Estonia holds the lead in recovery rates from 2014 to 2021, but when it comes to 2022, Spain continues to lead the charge. Although the cash amount recovered is more minor than March’s €1,249,637, recovering €802,718 is still a feat that leaves us satisfied.

You can always view missed payment recoveries and all other Bondora data. Check out our real-time statistics to see recovery data on all Bondora missed payments and loan history, returns data, etc.

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