What percentage of the profit will the guarantors receive?
Hi! The fee is calculated based on the credit rating and the probability of return, and it may differ from one borrower to another.
Based on the information of pilot project, about 21% of our users earned 10% per 10-15 days.
These users worked with short-term loans?
Hi! Yes, at the first stage we only work with the short-terms loans (or PDL loans)
For what period are these short-term loans issued: for a day, a week, a month?
Hello! For now, we work with companies which issue short-term loans, for the period up to 30 days.
Then it turns out that the terms of the guarantee on the test platform are only slightly approximated to the real ones. You wrote that in 2 weeks, users were able to get their first profits.
Before vouching the user will see the main terms of a loan, including the number of days and amount. The loan term depends on our partner and the borrower (very often people can decide how many days they want to get a loan for). Usually, PDL loans are issued for 10-14 days.