Recovery (5)

Here, your questions regarding the recovery process, actions taken, and any recovery related doubts will be answered.

After how many days is the borrower considered as default?

Modified on Wed, 29 Jan at 3:49 PM
How much amount will be refunded to me if the borrower pays after 120 days?

Modified on Wed, 29 Jan at 3:51 PM
What precautions does LenDenClub takes to recover the amount?

Modified on Wed, 29 Jan at 3:51 PM
What action can I take on the borrower if he doesn't repay back?

Modified on Wed, 29 Jan at 3:51 PM
What are the credit underwriting criterias that LenDenClub follows?

Modified on Wed, 29 Jan at 3:52 PM