Instant Returns on Committed Bids
On those loans that have ‘Instant Returns Enabled’ you begin earning from the moment you bid. We did this so that there is no period when the money in the loan is not earning a return. Most borrowing requests qualify and it will be clearly marked on each loan so you know when you will be earning Instant Returns. The returns are automatically calculated by our system and are paid to your Ablrate account as soon as the loan is drawn down by the borrower.
With instant returns you know that you will be earning from the moment you bid, so you are not having a ‘drag’ on funds you have put aside for lending, even if a loan does not complete.