The loan will be sold as soon as another lender buys it.

You do, of course! The loan is yours until another lender buys it.

No problem. Go to the Lender Administration page or the Loan Sales page and click “Cancel” next to the loan in question.

If you are interested in lending for a shorter amount of time or at a different interest rate or different amount, it is worthwhile to step into the shoes of a lender who wants to sell (once you have checked the terms of the loan, that is). You get flexibility, convenience and control.

1. High liquidity of your loan portfolio. The money is available to you at all times.
2. Flexibility. Have a sudden, unexpected expense? You can sell the loans you gave at any time.
3. Control. You decide which loans to sell and when.
4. Confidence. Liquidity, flexibility and control increase the confidence of BLender’s lenders.

Selling loans incurs a fee of the sales price. The fee is stated before selling the loan. There is no fee for buying loans.

As many as you want. You can choose to buy as many existing loans as you like.

As many as you want. You can select a few loans to sell or all of them.

There are only a few companies in the field of peer-to-peer lending that offer their customers’ a similar service. In the U.S.A, Lending Club and Prosper customers enjoy similar benefits, but buying and selling of loans takes place separately. In the U.K., Zopa lets lenders liquidate some of their investments, and the company sells some of the loans in the lender’s portfolio based on its considerations.

1. If you want to sell back an existing loan, go to the “Lender Administration” page and click “Sell Loans.”
2. Select the loans that you want to sell, and click “Sell Selected Loans.”
3. The loans that you selected will be offered to other lenders who might be interested in buying them.

Yes. At the time of the sale, the seller will be credited for the SafeGuard fund balance.
For example:
Original loan – €1,200
SafeGuard fund allocation – €24
Total loan principal paid back up until date of sale – €200
The sales price of the loan through ReBlend equals the balance of the principal of the loan – €1,000.
The credit for the SafeGuard fund balance is €20 and is proportionate to the ratio of the balance of the loan principal to the original loan: (1,000/1,200 * 24 = 20).