Mintos Risk Score updates Q4 2023

The latest Mintos Risk Score updates based on developments and data from the last quarter of 2023 are now live on Mintos. In this article, we share the general summary of the most recent quarterly changes. All other details can be found on the Mintos Risk Score Updates page. An overview of historical changes in the Mintos Risk Score through the quarters is also available as a spreadsheet on the updates page.

Overview of Mintos Risk Score changes

This quarter, we saw 2 increases in the Mintos Risk Score as well 1 decrease. There were 10 subscores changes of 0.7 or more for Q4 2023. Information on all changes is in the spreadsheet, and for significant changes we provided a comment.

According to the significance we see in each subscore, the weights of the subscores are Loan Portfolio Performance 40%, Loan Servicer Efficiency 25%, Buyback Strength 25%, and Cooperation Structure 10%.

We release Mintos Risk Score updates quarterly. Exceptions will be made in some cases when there is a significant material improvement or deterioration for specific Notes on the platform, in which case the changes are introduced as necessary.

For Mintos Custom portfolios, if you’d like to adjust your investment preferences based on the most recent Mintos Risk Score updates, you can do so in the portfolio settings.

Mintos Risk Score methodology

The Mintos Risk Score is an aggregate of four subscores that are assigned to four different aspects of particular loans underlying a Set of Notes. These subscores rate:

  • loan portfolio performance (the portfolio health and historical performance of the loan book),
  • loan servicer efficiency (the operational efficiency of the loan servicer evaluated through its procedures and controls during loan issuance and collection processes),
  • buyback strength (the buyback obligor’s ability to fulfill contractual obligations, meet liquidity needs, and capital sufficiency), and
  • cooperation structure (the legal setup between the loan issuing company and Mintos).


The Mintos Risk Score rates the risk level of a particular Set of Notes on a scale from 10.0 (low risk) to 1.0 (high risk). The calculated score is rounded to 1 decimal place. The Mintos Risk Score can be withdrawn if one or more of the subscores is not available or simply when there are no loans available for investment from a specific lending company, and this is expressed with the value “Score Withdrawn” or (SW).

Learn more about the Mintos Risk Score methodology.

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