How are secondary market loan sales structured?

darkky
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Posts: 3

How are secondary market loan sales structured? Apr 21, 2016 17:47:28 GMT

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Post by darkky on Apr 21, 2016 17:47:28 GMT

There is a hot topic going on regarding the capital gains on p2p platforms, which could possibly need reporting depending on how secondary market purchases are structured.

Would someone from rebs please clarify whether buying a loan part on the secondary market is treated as purchasing the original loan from the INITIAL lender, or redeem of the old loan part and issuing a new one for the buyer?

rebsrep Representative of rebuildingsociety.com Posts: 150 Likes: 70	How are secondary market loan sales structured? Apr 22, 2016 7:42:51 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by rebsrep on Apr 22, 2016 7:42:51 GMT Thank you for the question. I've already forwarded this on to our compliance team to advise.

danraj Representative of rebuildingsociety.com Posts: 216 Likes: 99	How are secondary market loan sales structured? Apr 22, 2016 9:23:34 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by danraj on Apr 22, 2016 9:23:34 GMT Lenders buy the right to receive the repayments of the microloan arranged by the original lender who is named on the contract.
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How are secondary market loan sales structured?

Post by darkky on Apr 21, 2016 17:47:28 GMT

Post by rebsrep on Apr 22, 2016 7:42:51 GMT

Post by danraj on Apr 22, 2016 9:23:34 GMT