This content is about investing in loans by means of assignment agreements. For information on investments in Notes, financial instruments backed by loans, go to My investments in Notes.
When you invest in a loan on Mintos, you receive interest on the loan for the duration of your investment. If you decide to sell your loan on the Secondary Market, you stop receiving interest on the loan once it’s sold.
If you buy a loan on the Secondary Market, you start to earn interest on the loan from the date you bought it. The interest accrued between the date the previous investor placed the loan on the Secondary Market and date you bought it will be paid to the previous investor on the borrower’s next payment date.