I would say low risk...
But their lock on the government employees could attract the attention of others.....like the banks....
Seems that RCECAP can put their grubby fingers into the employee's pay packet to get their money back - so very low NPLs...
But others, well, it's more diffficult.....

Some "lenders" will come and break your legs......
RCE does not have this 'overhead'.