Update: Investors will earn interest on pending payments
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31 August, 2020 Recently, there have been many cases when lending companies had to pay interest on pending payments despite transferring money on time. This happens due to bank transfers sometimes taking up to 3 days, usually because of a lending company being located outside the European Union. To address this, from now on, pending […]
Everything you wanted to know about loan lifecycle and status
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Ever wondered how loans progress over time, or what all these loan statuses mean? Let’s get right into it and look at the loan lifecycle and statuses in more detail.