At Invest & Fund we are committed to providing a transparent service to our Lenders to enable them to make an independent, well-informed decision about lending via our platform.
So, alongside disclosure of our credit assessment for each individual loan that is posted on our marketplaces, we are also committed to informing our Lenders about the arrears and bad debt performance of the property loans that have been successfully funded via our site.
|(Hover over rates for description)||2014||2015||2016||2017|
|Actual arrears (> 45 days)||0%||0%||0%||0%|
|Actual lifetime default rate||0%||0%||0%||0%|
|Expected capital loss from defaulted loans||Nil actual loss||Nil actual loss||0.254%||0.332%|
Borrowers are required to notify us of any event of default promptly upon becoming aware of it. See our FAQ 'When does Invest & Fund place a loan in default, and why are loans in default assigned to I&F Securities Limited ("IFSL")?' and our Terms & Conditions for further details.
The figures shown in the table above represent weighted averages across all of the loans originated via the I&F Platform in a calendar year and do not reflect a loan by loan assessment. ‘Expected capital loss from defaulted loans’ is a forecast and is not an indicator of future results.
Past performance is not an indicator of future results. Before making a lending decision, Lenders should ensure they have reviewed sufficient information to ascertain the legal, financial, tax and regulatory consequences of a loan, to enable them to make an informed decision.
For further information on our default procedures please see our Lender FAQ section.
If you have any further questions on the figures above please contact us.