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Post by gemel on May 9, 2016 10:52:11 GMT
Some p2p platforms make an insurance like guarantee which has an effect of lowered interest rates to lenders. However, the buyback scheme is not regulated as insurance. How can lenders be certain that in the bad times shareholders will honour their buy back scheme? Full article here: resilientman.com/p2p-buy-back-guarantee-schemes/
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ben
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Post by ben on May 9, 2016 11:24:45 GMT
They are only as good as the platform, if the platform goes under then the buy back goes, if the platform survives it is in there interest to buy it bac. I doubt any shareholders in case of platform failure will put the buy back above themselfs.
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