Most loans on Mintos are covered by a buyback guarantee. The delay necessary to trigger it is rather long (60 days). On the other hand, unlike other loan marketplaces such as Iuvo, all lending companies on Mintos use the same delay. Once more, please realize that the buyback guarantee is provided by the loan originator, not the platform.

Here’s what Mintos writes about buyback guarantees: A buyback guarantee is a guarantee issued by the loan originator to the investor for a particular loan, that confirms the loan originator will repurchase the loan from the investor if that particular loan is …

The auto invest feature enables you to automatically invest in loans based on criteria you have predefined, so Mintos is a real passive income source. The buyback guarantee hedges the most common risk in P2P lending: the borrower not paying. 2021-4-9 · Mintos buyback guarantee is not a 100% guarantee, so the safest way to protect my money is diversification. The day a big lender will go out of the market I will have a smaller capital with that lender if I am well-diversified across more platforms.

Mintos buyback guarantee

We actually recommend to only invest in buyback loans. Updated: 06.04.2021 Investment start date: 18.01.2018 Total deposits to Mintos: 5000€Total withdrawn: 4075,01€ Current account balance: 2080.41€ All of my investments at Mintos have buyback guarantee. Click here to check Invest in loans and start earning passive income. We connect you with thousands of opportunities around the globe on our leading marketplace. Mintos gives you the opportunity to earn consistent and attractive returns. You can invest in small parts of thousand of loans to build a well diversified portfolio and reduce your investment risk.

2021-4-7 · All loans placed on Mintos by Monefit have a buyback guarantee and will be repurchased if the loan is delinquent for 60 days or more.

Mintos Buyback Guarantee: Your investment will be repurchased after 60 days of delayed payment. Some loan originators don’t pay interest on delayed payments but only repurchase your initial loan investment. There is no further protection if you invest in personal loans.

Both platforms are exactly identical in that regard. Both platforms have a 60-day buyback guarantee. I will give a small advantage to PeerBerry here because all loan originators pay interest in delayed loans while Mintos has a couple of originators that don’t.

1. Mintos buyback guarantee. On the vast majority of loans, Mintos has a so-called buyback guarantee. In short, the Mintos buyback guarantee helps to protect you against loan defaults. In case a loan is not repaid, then the loan originator must repurchase the loan from you as an investor.

But it will not protect you entirely. At Mintos, not all loans have a buyback guarantee.

Some loan originators don’t pay interest on delayed payments but only repurchase your initial loan investment. There is no further protection if you invest in personal loans. Mintos buyback guarantee. One of the great things about Mintos is the buyback guarantee. Essentially, the buyback guarantee is a guarantee issued by the loan originators to the investors.
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For these reasons, Mintos gets a full five stars from me ⭐⭐⭐⭐⭐ and continues to be an undisputed backbone of my P2P portfolio. Mintos Buyback Guarantee. Just like Grupeer, on most loans, Mintos offers a buyback guarantee. This means that the loan originator will buy back non-performing loans.

Click here to check Invest in loans and start earning passive income.
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Your investment is secured by a buyback guarantee, meaning the loan originator will repurchase your claim against the borrower in case the borrower’s payment is delayed for more than 60 days. Depending on your investment strategy on Mintos, you have the option to withdraw up to 80% of your funds within a few minutes.

The Buyback Guarantee is actually an agreement between the loan originator and Mintos. In other words, if the borrower fails to meet their obligations, the originator will purchase the loan from Mintos, who in turn, will forward the funds onto those with exposure to the loan. The Buyback Guarantee on Mintos is issued by the loan originator and almost all loans on the platform are covered with such a guarantee. There are two things to be aware of: The buyback guarantee is different from each loan originator. But the most common is typically buying back the loan if the borrower is more than 60 days late. Mintos’ Buyback Guarantee.