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Post by kenigmatic on Sept 14, 2016 22:20:20 GMT
What type of loans do Mintos cover if the borrower defaults?
Thank you
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p2pmaster
investment is life.
Posts: 128 
Likes: 54
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Post by p2pmaster on Sept 15, 2016 7:06:02 GMT
None. Mintos is the marketplace, which connects loan originators and investors.
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Post by kenigmatic on Sept 15, 2016 9:33:45 GMT
Thank you.
To rephrase - In what categories, are there any loans that I can make thru Minos which are backed by guarantee by loan originators if the borrower defaults?
The reason I ask is because I read somewhere that Car Loans are buyback guaranteed.
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Post by buttchopf23 on Sept 15, 2016 10:32:59 GMT
Thank you. To rephrase - In what categories, are there any loans that I can make thru Minos which are backed by guarantee by loan originators if the borrower defaults? The reason I ask is because I read somewhere that Car Loans are buyback guaranteed. buyback loans are marked with a shield on the buy button.
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Sr. Lobo
Member of DD Central
Posts: 63
Likes: 17
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Post by Sr. Lobo on Sept 15, 2016 15:11:16 GMT
Thank you. To rephrase - In what categories, are there any loans that I can make thru Minos which are backed by guarantee by loan originators if the borrower defaults? The reason I ask is because I read somewhere that Car Loans are buyback guaranteed. You can filter out the market by this field. You can buy car and personal loans with buyback guaranty. And a few business loans. And some mortgage loans with very low interest, around 5%.
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