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Loan rebought - What is it?

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Komentarze: 2

  • Lucja (Mintos)
    Community moderator

    Hi LEONARD STEWART ENELOW,

    This means that the lending company rebought the loan from you. Borrowers can repay the loans earlier or ask lending companies to extend the loan term. In such cases, loans are being bought back from investors.


    1
  • LEONARD STEWART ENELOW

    Hi Lucja.

    Thanks for the reply.

    I am looking at one of my Notes, and I have selected the "Payment Schedule". I can see that 6 of the 10 underlying loans within it have been rebought, with the remaining 4 still showing as "scheduled" for future payments. So, that makes sense.

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