/biz/ - Business & Finance

Anonymous Mon Dec 19 12:26:36 2022 No.52932391 [View]
File: 202 KB, 828x1310, A36BA20B-E653-440A-8EE9-7507A2D481B7.jpg [View same] [iqdb] [saucenao] [google]

>>52932337
Peer to peer lenders.
>what happens if it defaults
The company sends it to collections and reports to credit bureau. To minimize the risk you can spread out your money over multiple loans. Or you could only invest in borrowers like this

Anonymous Sun Dec 18 23:39:26 2022 No.52926942 [View]
File: 202 KB, 828x1310, B08FEFF0-9987-49B0-827C-41EFE067C120.jpg [View same] [iqdb] [saucenao] [google]

>>52926922
>They haven't got delinquencies because nobody would lend to them
Do you not understand how credit works? It shows you how many credit lines they have open and their bank card utilization. If they have credit cards and no delinquencies that means they are paying their credit cards on time. That’s what I want to see

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/biz/ - Business & Finance

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