Monthly Risk Performance
Overview
Consumer Risk Team
Agenda
Executive Summary & Follow ups
10 mins
Credit Portfolio review by Product
35 mins
— FNPL
— PCA
— RAD
— TTFA
Fraud Update
10 mins
Consumer Risk Team | Mar 2026
Executive Summary & Follow ups
FNPL
Pending input from Sindhu Bhat
PCA
Pending input from Gurmeet Arora
RAD
Pending input from Shan Cong
TTFA
Pending input from Sindhu Bhat
Consumer Risk Team | Mar 2026
Agenda
Executive Summary & Follow ups
10 mins
Credit Portfolio review by Product
35 mins
▶ FNPL
— PCA
— RAD
— TTFA
Fraud Update
10 mins
Consumer Risk Team | Mar 2026
FNPL Application Profile
Monthly volume · Vantage distribution · Contingent approval rate
MBR Report
Mar 2026
Total Apps (Mar)
53,511
+26,290 vs prior
Approval Rate
67.58%
+21.1 pp vs prior
Avg Vantage
696
+65 vs prior
Median Income
$77K
+19K vs prior
Super Prime Share
25.5%
+19.4 pp vs prior
Vantage Score Distribution & Contingent Approval Rate
| Metric | Sep-25 | Oct-25 | Nov-25 | Jan-26 | Feb-26 | Mar-26 | |
|---|---|---|---|---|---|---|---|
| Num of Apps | 633 | 7,539 | 17 | 3,808 | 27,221 | 53,511 | |
| Avg Vantage | 617 | 620 | 664 | 609 | 631 | 696 | |
| Median Income | $69K | $70K | $97K | $55K | $58K | $77K | |
| Approval Rate | 28.3% | 37.9% | 64.7% | 40.3% | 46.5% | 67.6% |
Data as of March 15, 2026 · Source: sandbox_risk_7216.fnpl_base_alpha_ga1 (app_number2=1, offer_pending filtered)
Bands: Super Prime ≥780 · Prime 660–779 · Near Prime 600–659 · Subprime <600
Bands: Super Prime ≥780 · Prime 660–779 · Near Prime 600–659 · Subprime <600
9
FNPL Funded Loans Profile
View as of funded month · Weighted averages by loan amount
MBR Report
Mar 2026
| Metrics | Sep-25 | Oct-25 | Nov-25 | Jan-26 | Feb-26 | Mar-26 | Total |
|---|---|---|---|---|---|---|---|
| # Loans | 62 | 1,613 | 265 | 9 | 5,738 | 7,773 | 15,460 |
| $ Loans | 0.1M | 3.3M | 0.5M | 0.0M | 9.0M | 11.9M | 24.8M |
| Avg. Loan Size | $1,746 | $2,045 | $1,818 | $934 | $1,563 | $1,532 | $1,603 |
| WA Term | 5.2 | 5.3 | 5.4 | 5.6 | 5.9 | 6.6 | 6.2 |
| WA APR | 23.93% | 19.97% | 20.13% | 22.27% | 19.38% | 19.34% | 19.48% |
| WA Vantage | 692 | 683 | 675 | 639 | 693 | 707 | 698 |
| Avg. RS | N/A | N/A | N/A | N/A | 2.8 | 2.5 | 2.6 |
| Med. Income | $90K | $97K | $79K | $53K | $72K | $76K | $76K |
| % $ from CK Low Risk | 31% | 39% | 42% | 67% | 52% | 51% | 50% |
| % Mobile Channel | 26% | 16% | 24% | 56% | 40% | 38% | 36% |
| Avg. DTI | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| % Had a State Refund | 47% | 31% | 29% | 44% | 41% | 42% | 40% |
Data as of March 15, 2026 · Source: sandbox_risk_7216.fnpl_base_alpha_ga1 (funded_loan=1)
Joined with intuit_lending_loanprofiles_dwh.loan_origination · tax_dm.agg_auth_id_accepted_refund
Joined with intuit_lending_loanprofiles_dwh.loan_origination · tax_dm.agg_auth_id_accepted_refund
10
FNPL Monthly Performance
As-of snapshot · Based on origination month · March 12, 2026
MBR Report
Mar 2026
Funded-loan performance by origination month. Total column is all funded loans in extract. Servicing snapshot as of March 12, 2026 (three days before data cutoff). Em dash means not applicable.
| Metrics | Sep-25 | Oct-25 | Nov-25 | Jan-26 | Feb-26 | Mar-26 | Total |
|---|---|---|---|---|---|---|---|
| Volume | |||||||
| # Loans | 62 | 1,613 | 265 | 9 | 5,738 | 7,773 | 15,460 |
| $ Loans | $0.1M | $3.3M | $0.5M | $0.0M | $9.0M | $11.9M | $24.8M |
| 7DPD+ Delinquency | |||||||
| # 7DPD+ Rate | 6.5% | 5.2% | 10.2% | 0.0% | — | — | 5.9% |
| $ 7DPD+ Rate | 4.4% | 3.9% | 7.0% | 0.0% | — | — | 4.3% |
| 30DPD+ Delinquency | |||||||
| # 30DPD+ Rate | 4.8% | 3.7% | 6.0% | — | — | — | 4.0% |
| $ 30DPD+ Rate | 3.9% | 3.1% | 5.1% | — | — | — | 3.3% |
| Roll to charge-off | |||||||
| # Roll rate -> 30D to CO | 33.3% | 5.1% | 0.0% | — | — | — | 5.1% |
| $ Roll rate -> 30D to CO | 43.5% | 5.8% | 0.0% | — | — | — | 5.5% |
| Charge-off | |||||||
| # Charge off rate | 1.6% | 0.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| $ Charge off rate | 1.2% | 0.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Target loss | |||||||
| # Target Loss Rate | — | — | — | — | — | — | — |
| $ Target Loss Rate | — | — | — | — | — | — | — |
| Payoff | |||||||
| % Paid Off | 30.6% | 28.7% | 25.7% | 11.1% | 2.5% | 1.5% | 5.3% |
Data as of March 15, 2026 · Source: sandbox_risk_7216.fnpl_base_alpha_ga1 (funded_loan=1)
Joined with intuit_lending_loanprofiles_dwh.loan_origination · intuit_lending_servicing_capital_dwh.loan_repayment_daily
Joined with intuit_lending_loanprofiles_dwh.loan_origination · intuit_lending_servicing_capital_dwh.loan_repayment_daily
11
DPD30+ by Vintage & Vantage Group
Origination month cohort · Constant denominator · MoB checkpoint performance
MBR Report
Mar 2026
Source: sandbox_risk_7216.fnpl_base_alpha_ga1 ⟶ loan_origination ⟶ loan_repayment_daily (DoB snapshots: day 1 + every 30d)
FNPL Risk
DPD30+ by Vintage & Term
Origination month cohort · 3-Month, 6-Month and 9-Month terms
MBR Report
Mar 2026
Source: sandbox_risk_7216.fnpl_base_alpha_ga1 ⟶ loan_origination ⟶ loan_repayment_daily (DoB snapshots: day 1 + every 30d)
FNPL Risk