Every investor gets a statement that is monthly e-mail which supplies information about their investment.
Investors may also access their account details by logging in at any moment.
What’s the maximum and minimum amount I’m able to spend?
The minimal investment is Ј10 and there’s no investment limit that is maximum.
Exactly exactly just How is danger handled?
The primary danger to investors is the fact that borrowers usually do not repay their loans. RateSetter seeks to control this danger in quantity of methods:
Strict financing criteria: we just provide to creditworthy borrowers. You can view our Lending Criteria here.
Quality in underwriting: robust credit and affordability checks on all borrowers.
Portfolio management: Our loan guide is diversified across numerous borrowers of various kinds and via a variety of networks.
The Provision Fund: often even a creditworthy debtor can miss a repayment. That is the reason we’ve the Provision Fund to immediately reimburse investors. What this means is which you keep getting your repayments, when you’re anticipating them. Continue reading “Does RateSetter offer month-to-month statements for investors?”