how lending works
You’ve got to invest money to make money.
Here, you’re guaranteed a return
keep scrolling to see a list of available loans to fund
browse
This is a peer-to-peer funding option for non-urgent loan requests. We give others the chance to buy the loans and make some money
buy the loan
Once you check out securely, you’ll have paid us the amount to fund a loan. We handle the rest
chill
We give out that loan to the borrower and deal with the paperwork and collateral management. You just kick back
play
When the loan (and interest) is paid back to us, we forward it on to you (minus commission)
current pawn loans to fill:
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lender FAQs
After the funds clear into our account, lenders will get an email receipt. All we would need from you is an answer for where you want us to pay you when the borrowers pay back. We can pay you cash or bank transfer, up to you!
This simply means you're buying the right to fund the loans. When applying for a pawn loan, borrowers are asked if they want it urgently or within the next few days - and so we offer lenders the chance to fund the loans. Whoever buys the loan - you or us - lends out the money and will be paid the interest. Basically, whoever buys the loan, makes the money.
We take 8% only. Lenders take everything else!
You get paid as soon as the loan term is finished and the borrower has paid us. If they don't pay by the due date, you'll get paid back after we sell the acquired collateral.
We'll keep loans listed for up to five days to give lenders the chance to be involved. If no one buys it, we will fund the loan ourselves.
How much money you got?
For more information, please contact us here.