Sun Finance - in trouble?

Mintos Investor

• 9.10. 2023 15:45

Are Sun Finance in trouble? Why are they still late with borrower payments to Mintos?

I still have pending payments from Sun Finance after several weeks. #concerned

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  Vincent Merlino

  • 10.10. 2023 07:12

  You can replace Sun Finance by Mintos...
  
  

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  Lucja (Mintos)

  Community moderator

  • 12.10. 2023 11:02

  Mintos Investor
  
  The main reason is the fact that the lending company was using the funds from PLN exposure to repay the loans. However, without PLN exposure, the lending company needs to use an alternative source of funding, which has caused some delays. Thank you for your understanding.

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  Mintos Investor

  • 12.10. 2023 11:07

  Thank you for more information but can you explain what you mean by "PLN exposure".

  Do you have a timeline as to when this issue will be resolved, or will this go on for months, or longer?

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