« Frequently asked questions

How can I buy a discounted loan on the Secondary Market?

If a loan is listed at a discount, this can be seen on the secondary market under the “Discount” column and is also reflected in the “Sale Price”. You can purchase these loans as any other loans listed on the Secondary Market. The difference to a loan listed at par is that you will have a lower sale price (you pay less) compared to the loan investment that you will hold in the loan.

As an example, if a loan amount of £1,000 is listed with a sale price of £900, this means you will pay £900 for a £1,000 investment in a loan and as such are due to receive £1,000 back from the loan (not including any interest due).

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