It doesn’t happen often, but at times there are few circumstances when P2P loans default. Here’s an explanation of what happens.
Sadly not all business plans work out, it’s a factor of life. Here at EstateGuru, as of today we have managed to keep the default rate at a steady level of 0%. This is because EstateGuru prides itself on two areas of focus:
- Thorough due diligence of each investment opportunity
- High transparency when guiding investors with P2P lending opportunities
This rigorous examination of business plans, security and viability combined with our investor guidance principles not only provides historically greater returns; but more importantly minimises losses to P2P lenders if they occur.