On the secondary market, you sell ongoing loans to other investors. It is free of charge to use. In your account, you offer a loan under "Contracts" with "Sell".
You can sell instalment loans that are not in arrears.
You cannot sell:
- loans in arrears
- bullet loans, for example SME short-term loans. They have no ongoing instalments from which a buyer could see the borrower's payment behaviour. In addition, the interest accrued up to the sale cannot be divided fairly.
A sale is not guaranteed. It depends on whether another investor wants to buy the loan. How the price is made up is explained in How is the price of a loan made up?