What happens when the borrower gets into arrears?

What happens when the borrower gets into arrears?

April 29, 2022

In the My Investments section of your profile, you can see a detailed overview of the repayment calendar. There, you can see the history of loan repayments, when they were made, and when are other repayments due. The provider, being the loan administrator, is in contact with the borrower and takes all necessary steps to ensure the repayment is made. If this does not happen, either a buyback will follow or the acceleration clause will be invoked and the debt recovery will proceed, about which we would keep investors well informed.


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