Why do I have a limitation of the amount I can invest in 1 loan?
We decided to put an automatic maximum per loan to avoid dangerous levels of diversification. You cannot invest more than 2% of your whole Klear balance in one single loan. For example, if you have sent 4 000 €, your maximum investment in one loan is 80 €. Still, it is not reasonable to invest the max amount per credit but spread your investment across at least 150 loans.
You have the option to enable/disable the automatic max limit both for manual investing and for automatic investing (Auto-Invest) through the settings in your investment profile.
We also have a minimum amount of 2 € per transaction.