The CEG was established in December 2015 by a group of credit & collection professionals from EU and Georgia as non-profile loans (NPL) & defaulted debts collection company
Debt portfolio purchase:
- First debt portfolio was acquired in August 2016;
- As of 01.11.2018 Credit Expert Georgia owned ~60 000 consumer loan debts, originating from 6 main non-banking lenders in the market (PDL and leasing):
- 13 000 loans – with DPD over 720 days;
- 34 000 loans – with DPD 360 – 720 days;
- 3 000 loans – with DPD 60 – 90 days;
- 8 one-off portfolios;
- 2 forward flow deals, 10 monthly portfolios.