Product logo

How can we help?

Ask anything. Find answers instantly.

Go & GrowGo & Grow overviewFeaturesAdd moneyGo & Grow payment limits Withdraw moneyFees & taxesRisksMy accountGetting started with BondoraAccount identificationChanging my detailsReferral programSecurityAdd moneyHow do I add money to my Bondora account?Which currencies does Bondora accept?Why is my money reserved on my account? How long does it take for my payment to arrive?I forgot to add my reference numberTransferWise payments are no longer supportedCredit card and Klarna payments are unavailableSecurityWithdrawHow to withdrawWithdrawal informationErrorsMy portfolioWhat is the Secondary Market?Building a portfolioMonitor performancePaying taxesAffiliate partnersHow can I become an affiliate partner?Portfolio ManagerPortfolio Manager overviewPortfolio Manager featuresPortfolio Manager settingsPortfolio ProPortfolio Pro overviewPortfolio Pro criteriaPortfolio Pro featuresAbout BondoraGeneral informationOperational managementCorporate governanceRisk factorsCredit and investment risksOperational risksRegulatory, governance and legal risksRisk management processLoan originationUnderwriting processMarketingCollection & recoveryDebt collection and recovery overviewWrite-off overviewFinancial market overviewWhat’s important to know about the Estonian economy?What’s important to know about the Finnish economy?What’s important to know about the Spanish economy?What is the state of the consumer lending market in Estonia?What is the state of the consumer lending market in Finland?What is the state of the consumer credit market in Spain?How does the consumer lending market in Europe affect Bondora?How can I contact customer support?

How does Bondora deal with impairment risks?

Customer receivables are subject to impairment risk. Consequently, Bondora evaluates every delinquency "bucket" each month to gauge impairment levels. For each reporting period, it applies a formula to calculate net impairment losses. Relative to the growth of its operations, Bondora's net impairment charges have increased substantially in recent years. 

Because Bondora plans to continue expanding in future, there is a risk that impairment charges will keep rising. Bondora continually monitors factors that may be relevant to its business, including consumer behavior, general economic conditions and the market prices for its products, as well as the potential impact that any of them may have on receivable valuations. 

If Bondora is required to recognize additional impairment charges, it may have a material adverse effect on Bondora's business, financial condition, operational results or prospects, or cash flow.

Bondora closely monitors potentially doubtful accounts and carries out regular reviews of its impairment policy. This policy is reviewed annually by Bondora's internal and external auditors.


Product logo

* Capital at risk. Investments made with Bondora are not guaranteed, nor is the preservation of value invested guaranteed. Please note that the yield achieved in past periods does not guarantee the rate of return in future periods. The yield of Go & Grow is up to 6.75% p.a. Before deciding to invest, please review our risk statement and consult with a financial advisor if necessary.