Post by ablrateandy on Jan 19, 2017 23:49:16 GMT
Back to the initial point though... I did a while ago think that there is no reason (apart from the creditworthiness of the two lenders) why if someone wanted to sell something "off-platform" they couldn't do so as an "insurance" contract. It's effectively the off-taker paying X in return for an assignment of the proceeds of the on-platform loan.
Particularly good where certain platforms misprice the cost of exit...
Particularly good where certain platforms misprice the cost of exit...
