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> TWINO offers a buyback guarantee on some of its loans. Basically, the buyback guarantee is a promise made by TWINO to its investors to repurchase loans that a
by intev 5y ago
> TWINO offers a buyback guarantee on some of its loans. Basically, the buyback guarantee is a promise made by TWINO to its investors to repurchase loans that are not repaid by the borrower.
It looks as though that the buyback is not a guarantee on all their loans, just some. I'm guessing this also comes with lower yields because they would need to take insurance to cover their risk. So unless you compare it to the lower yields, my point stands.
With a default rate of 5% last year [1], I'd say the loans are way riskier.
[1] https://www.twino.eu/en/statistics/ https://www.twino.eu/en/statistics/
- akvadrako 5y agoThe buyback-guaranteed loans make over 10%. The others make about 1% more. Maybe you should stop making assumptions about things you have no idea about.
- intev 5y agoSure, I guess I'll just have to take your word for it since I don't have an account. But the screenshots [1] and reviews [2] I've read seems to indicate the longer term buy back guaranteed loans are [pretty much in the lower end of the spectrum. Maybe you should stop assuming I didn't do any research before replying. [1] https://p2pmarketdata.com/twino-review/ https://p2pmarketdata.com/twino-review/ [2] https://jeangalea.com/twino-review/ https://jeangalea.com/twino-review/