Origination Report: Consumer Unsecured, March 2025

Strong Seasonal Growth, Stabilizing Credit Quality Across Consumer Unsecured Loans

Quick Insights

• Overall: March originations increased 20.1% MoM, in line with seasonally adjusted trends, and rose 61% YoY.

• Region: Originations rose again in the Midwest + PA, which have offset all of the 2024 declines over the past two months.

• GWAC: GWAC differences across FICO bands remain consistent overall, with recent widening driven by performance-based ROI differences.