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Loan 44218845-01

Loan Details

Country Latvia
Loan Type Car loan
Mintos Risk Score
Subscore
Loan portfolio performance
10.0
Loan servicer efficiency
10.0
Buyback strength
9.3
Cooperation structure
6.0
9.4
Loan Amount € 6 190.00
Remaining Principal € 0.00
Effective APR charged to borrowers APR is not always the most representative measure of the cost of borrowing, therefore, Mintos shows effective APR. This is a unified measure among all loan originators on the platform. To calculate the effective APR, the methodology called XIRR (extended internal rate of return) is used, which is further adjusted to exclude compounding effects. Effective APR is calculated based on the cash flows charged to the borrower which includes principal, interest and any fees charged on a single loan basis, whether they are compulsory or not or are charged by a third party.
42.0%
Interest Rate
13.5%
Initial LTV 100%
LTV LTV is calculated using current outstanding loan balance against collateral value as of a moment when the loan was issued.
-
Amortization Method Partial
Date of Issue 06.10.2021
Closing Date 10.04.2022

This loan comes with a buyback obligation. The loan will be bought back from investors if it becomes 60 or more days delinquent.

Investment Breakdown

Lending Company The legal entity that offers investors the opportunity to invest in its loans that it has issued.
AS Renti
Group The lending company or group
Eleving Group
Group Guarantee Group company (or other related company) of the loan originator is providing a corporate guarantee securing the loan buyback obligation undertaken by the loan originator.
Mogo Finance

Borrower and Collateral Details Borrower details include information about loans originated by AS Renti and the proceeds that are used to repay this loan. See more details on our Blog.

Borrower Female 32 y.
Loan Purpose Not specified
Model Bmw X5
Vehicle type Suv
Engine Diesel, 2993 cm3
Manufacturing Year 2005
Collateral Car
Country Latvia
Valuation € 6 190 / 06.10.2021
Appraiser