Is there a limit to extending the "Remaining Period" of a Note?
Hello everyone,
I have 2 Notes: LVX00009WJJ3 and LVX00009F0M0.
The remaining period for these two Notes was 25 days. But when the 25 days are up, it is renewed for another 25 days.
Is there a limit to how many times it can be extended? When will the extension period stop?
Greetings,
Albert_
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Hi Albertdeanton, thank you for your question. The maximum number of times an underlying loan can be extended is 6 and the total possible extension days, as reflected on Mintos, is 180. You can read more about the schedule extensions here.
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Thank you!
I didn't find that information, but now it's clear to me.1 -
Albertdeanton Sure! I'm happy that all is clear to you now.
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