You will receive back your money on a monthly basis until the end of the loans you invested in.
The loans originated by Klear are with monthly equal installments, including part of the principal borrowed plus the due interest of the month.
- If the borrower pays with delay, you will also receive the money with delay. In case of early repayment by the borrower, you will also receive your money earlier than planned.
- In case of write off, you will only receive a part of the invested money, a part equal of the price paid by the external collection agency who acquired the loan.
- In case of death or permanent invalidity of the borrower, the full remaining amount is written off and no further payment will be received.