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Our underlying portfolio continues to carry out properly with delinquencies decrease year-over-year, driven by a extra mature portfolio from reduced originations and improved quality of latest originations. The provision for loan loss as a share of gross realized gross sales was 18.1% in the first quarter and we expect to remain beneath 19% for the rest of the year. We are comfy with the general allowance on our receivable portfolio, considering the continuing uncertainty around the pandemic and its financial impression. The allowance as a proportion of gross Vacation Ownership contract receivables was 21% at the end of the quarter in comparability with 25% at the finish of the primary quarter of final yr. As it pertains to our outlook, we’ll eventually return to full 12 months steering, but for now, we will present steering for the second quarter only. For the second quarter, we anticipate excursions of 118 to …