TWINO services the loans and receives payments from the borrowers. Then the received payment is divided proportionally according to the amount of investment between all investors that have invested in the particular loan.
As soon as the borrower, whose loan you have invested in, repays the loan, you will start receiving payments of both the principal sum and interest. They will be automatically transferred to your TWINO investor’s account. You can reinvest the received money in available loans or request a payout directly to your personal bank account.
Each loan has a separate repayment schedule and the investor will receive money in his TWINO account according to the regularity of payments made by each particular borrower.
Was it helpful?