The borrowers pay their instalments to Cashare. Our system books each payment, splits it among the investors in the loan and passes it on to your bank account the next day.
- Instalment loans: You receive interest and repayment every month.
- Bullet loans: You receive the capital at the end of the term and the interest monthly, quarterly or at the end, depending on the contract.
For this, you enter the IBAN of your personal bank account in your profile. You can see which payments have been received for each contract in your account under "Contracts".
Your returns depend on the borrowers paying. If a borrower does not pay, see What happens if a borrower does not pay?