My review of TWINO peer to peer lending

It's correct to say that the loans with buyback are actually bought back by Twino when they go over 30 days late with no monies received from the borrower.

For completeness it is worth pointing out that upon payment of interest by the borrower loans can be extended for 1 month at a time. Six, one month extensions are allowed. If a 7th extension is asked for it is then that the buyback kicks in.

So lenders capital could be tied up for 6 months beyond the original completion date for extended loans.

Click on "help" then "investing" for a complete description of the terms used by Twino.