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Finko AM recovery

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  • Permanently deleted user
    Community manager

    Hi Dan-Ionut-Tudor Pordea, it was a typo, now it is corrected.

    We amortize recovered funds according to the payments waterfall: the first funds to be amortized are those that have underlying borrower repayments, then follow all rebuys, and then - loans that have reached 60+ days late period. This is also described in the General Terms and Conditions of platform User Agreement clause 10. Payment for the services of the Platform and payment waterfall.

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