If a borrower does not make a payment according to schedule, the Loan Originator may be obligated (if so prescribed in the Assignment Agreement) to buy back the loan from you once it has become 60 days overdue. Buyback Obligation covers principal and all accrued interest of the loan.
What happens if borrower defaults on their payments?
HOW TO INVEST WITH MONESTRO?
The account registration process is smooth and free of charge.
CHAT WITH US
We’re available in chat from Mon-Fri, 09:00 - 17:00 EET. Our Chatbot is available 24/07.
REQUEST A CALLBACK
Please submit your phone number and we will call you back. Submit request.
Do you have questions? Send us an email and we will reply as soon as possible.