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What is the buyback obligation?

Updated over 3 months ago

The Buyback Obligation is a protection measure that can be used by our partners who issue the loans.

How It Works

If a loan is late and moves into the recovery stage, the partner who issued that loan has the option to buy it back.

If the partner uses this option, they will pay you for:

  • Your full remaining principal amount.

  • Any interest you earned up to the date the buyback was triggered.

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