Buyback question
does a buyback guarantee mean that the loan is transferred onto the balance sheet of Mintos (or is it the loan originator?)
Discussion started by himeed49 , on 2632 days ago
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So if you are diversified across 1,000 loans at Mintos and all have a buyback guarantee from one loan originator, is it reasonable to view it as an investment in ONE single company, from the risk perspective? (the loan originator)
Its a guarantee from the loan originator. Essentially it makes your investment a direct loan to the originator. Keep in mind that you are relying on the platform to do continuous due diligence, because there is very little public information about these companies and zero requirements for information disclosure - they are all private.