How exactly does the buyback take place?

How exactly does the buyback take place?

December 26, 2021

A buyback occurs when a debtor fails to honor his obligations. The buyback is automatically activated after the period specified in the loan parameters (usually 30 or 60 days) and the protection period of 7 days, which is applied due to payments handover process. The Provider then repurchases the outstanding loan and pays the unpaid interest repayments to the investor.

Share the article

Do you like our articles?

Subscribe to the newsletter and do not miss a thing from the world of investment. By subscribing, you consent to the processing of personal data.