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![zoozai_invest Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1916960587323715584.png) Shira Zevin [@zoozai_invest](/creator/twitter/zoozai_invest) on x XX followers
Created: 2025-07-23 19:33:03 UTC

Borrow at 6%. Lend at 25%.
 Looks like magic- until this number hits. 👇
This is the real story of nonprime consumer lending, through just X numbers from $OMF ’s 2024 report:

1️⃣ $4.99B in interest income
2️⃣ $1.18B in funding cost
3️⃣ $2.04B in credit losses

At first glance, it’s a dream.
~19% spread? Easy money.
But #3 is the killer.
 Losses swallow most of the upside. 
Quietly, relentlessly.
Traditional lenders call it “provision for credit losses.”
Platform lenders like $UPST mark it as “fair value adjustments.”

Key takeaway:
In subprime, it’s not what you charge that matters.
And not even what you borrow at.
It’s what you’re actually able to collect.


XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948104090145239277/c:line.svg)

**Related Topics**
[money](/topic/money)
[losses](/topic/losses)
[$204b](/topic/$204b)
[$118b](/topic/$118b)
[$499b](/topic/$499b)
[lending](/topic/lending)
[$omf](/topic/$omf)

[Post Link](https://x.com/zoozai_invest/status/1948104090145239277)