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CAMPAIGN · CLOSED · EVALUATED

Q1 approval-rate push

Credit Risk & Portfolio Management·Head of Credit Risk & Portfolio Management·2026-01-012026-04-30
THE HYPOTHESIS, AS WRITTEN BEFORE THE WINDOW OPENED

Loosening the manual-referral queue and adding two underwriters should raise the approval rate. CR-09 is carried because the way to raise approvals is to approve worse applications, and that is what the guard is for.

Recorded 2025-12-18, before the window opened on 2026-01-01. A hypothesis written afterwards is a description, and the difference matters when the result is read.

GOAL MET · GUARD BREACHED

The goal was met AND a guard moved the wrong way inside the same window. R-G-17 reports both at equal weight: this is not a success, it is the pattern the guard was invented to catch.

Campaign window 2026-01-012026-04-30 against a baseline of the same length immediately before it, 2025-09-032025-12-31. The baseline is not chosen — it is derived from the window, so it cannot be picked after the result is known.

WHAT MOVED — THE GOAL METRIC AND EVERY DECLARED GUARD, AT EQUAL WEIGHT (R-G-17)
METRICBASELINE MEANWINDOW MEANCHANGEGOAL
Provision expense vs budget
CR-05 · higher is better
51.6%
3 pts
53.6%
4 pts
+2.01pp
improved
53.0%
Gross NPL before write-off + write-off volume
CR-09 · lower is better · guard
28.5
3 pts
30
4 pts
+1.53
moved the wrong way
WHAT ELSE COULD EXPLAIN THIS
  • 1 other campaign ran over part of this window: Operations throughput, Nov–Jan.
  • CR-05 was already moving in this direction BEFORE the campaign began — the baseline itself improved on the period before it. Part of what you are reading is a trend the campaign did not start.
  • A movement that coincides with a campaign is not a movement caused by it. This platform reports the coincidence and does not attribute it — attribution needs a control group, and there is not one.
WHAT THIS CAMPAIGN DID NOT CHANGE

The goal of 53 is the campaign’s, not the registry’s. CR-05’s target is still whatever the registry says it is, its threshold is unchanged, and closing this campaign wrote nothing to either. R-G-16.