What kind of guarantee do I have in case a borrower stops paying its credit?

There is no guarantee stricto sensu. But Klear is doing its best to minimize the credit risk.

For loans with buyback mechanism

If a loan becomes more than 90 days overdue, Klear will repurchase your investment share. You will receive the outstanding principal amount along with the interest for the investor accrued up to that point.

For loans without buyback mechanism

We encourage you to diversify your portfolio and to split your money in many borrowers. This way, in case one does not pay, part of the interest received on the other loans is covering the loss of the delinquent one, supporting positive net returns over time.

We also do our best to collect payments in delay. We contact the borrowers in delay through all the possible channels and try to find a sustainable solution if they face a temporary difficult situation.