Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] P2pay ICO &Beta Platform
by
lsgnaija
on 29/01/2018, 10:40:16 UTC
How do you deal with the borrower not perform the contract? does this cost investors a lot of time to recover money? thanks
The payback options on borrowers end automaticly are put into your hot wallet. If borrower defaults the loan will be sent to buy back program. P2pay will buy back up to 65% of debt depending on risk of default score which will be given to lender from initial loan.