Lending Loop Knowledge Base
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Lending

  • How do I reduce the impact on my portfolio when a borrower defaults?
  • Can I recover funds after a loan has been charged-off?
  • I'm an existing Lender, do my old investments count towards my limit?
  • Is my limit based on committed funds or notes purchased?
  • Why do monthly statements generated after December 2020 have different summary headings?
  • Where are my funds held?
  • I have a loan that has missed a payment or is in default, where do I find updates?
  • Why do I need to complete a Get To Know Me Survey?
  • Where are my note payments received?
  • Maximize Diversification
  • What is my Lender Risk Tolerance
  • What updates will Lending Loop provide when a borrower's payment is late?
  • What information do you need in order to verify my bank account?
  • Where can I access my account documents?
  • How do you calculate the Net Annualized Return (NAR) of the Lending Loop Platform?
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