To further clarify the structure of pending payments, we’d like to briefly explain what pending payments consist of and how we are going to improve the overview of them in the near future.
On Mintos, there are two types of pending payments:
As an example of the second type, in the upcoming days, some investors will see an increase in pending payments due to a change of status for Rapido Finance and Eurocent loans. These two lending companies’ loans were previously in late loans status (more than 60 days delayed) and will now be moved to pending payments as funds in recovery.
To make it more clear in the future, investors will see both figures – funds in recovery and pending payments – in their account overview. There will also be a separate dashboard for the funds in recovery, similar to the upcoming pending payments dashboard.