There are several security mechanisms in place at Mintos platform:
- As Mintos is a regulated marketplace, your uninvested funds and investments in sets of loans (notes) are protected by an investor compensation scheme. Read more about the protection here.
- As all loans placed on Mintos marketplace come with a buyback guarantee, your defaulted or late by 60 days or more individual loan will be repaid by the lending company.
- Pledge - an investor has legal rights to the general proceeds from the lending companies' loan portfolio. The repayments are not tied to any individual loan but rather to the part of the portfolio that the lending company has pledged as collateral.
- Assignment of loan receivables - an investor has legal rights to the proceeds from a particular loan or loan even if the lending company defaults or ceases to exist.