BLender created a SafeGuard fund to protect lenders should a borrower be unable to repay his/her loan for whatever reason.
The fund, which is not-for-profit, is funded from a designated percentage of each loan and is held to offer lenders maximum protection. (For more information see the funds rules and regulations on the SafeGuard fund page.)

Posted in: 3. Lending Money through BLender (Lender FAQs)