Viventor welcomes CocheGo – Additional loans incoming!
04 November 2016 | Comments
We are happy to announce that CocheGo, a consumer lender based in Spain, has joined Viventor marketplace. Our latest loan originator on board offers their customers a variety of instalment loans.
CocheGo will offer loans varying from 3 months to 2 years in maturity, and from € 500 to € 15’000 in amount. All loans come with a Buyback Guarantee and a projected annual return of up to 11%.
In case of a borrower being delinquent for 60 days, CocheGo will buy back the non-performing loan, returning principal in full, as well as Accrued Interest and Late Payment Fees for the whole period. Moreover, CocheGo will retain at least 5% of every single loan, ensuring they have “skin in the game”.