Todd Schwartz
Founder, CEO & Executive Chairman at OppFi
I mean, we've we've never you know, we've always been very slow to to ever change the credit back, and we're still running, I would say, pretty tight. But the good news is we've been able to, you know, still achieve growth and continue to, you know, push down the the charge off as a percentage of revenue. I think I think, you know, similar to the Fed waiting and seeing on on lowering interest rates, we're, you know, waiting and seeing a couple more things here in today's economy to make sure that, you know, that we're we're we're seeing the the FPs and also long term charge off rates that that we need to to work within the confines of our, you know, of our structure. So but, yeah, it's it's it's still we're still running, you know, relatively, I would say, tight compared to, you know, years past back in 02/1819 where much more risk segments were, you know, available at the current charge off base. So we've we've kind of largely unchanged that, and we'll continue to be, you know, cautious and read and react.