What is Kuflink’s default rate?
A loan is in default when it is 180 days past a missed payment, with this payment still outstanding. This may be a monthly servicing payment or the full repayment at the end of the term.
Definition of Kuflink’s default rate:
A loan is in default when it is 18- days past a missed payment, with this payment still outstanding. This may be a monthly servicing payment or the full repayment at the end of the term.
The rate (as a percentage) is the total of the Gross Loans in default/the total Gross loan over the same period*100.
Please see Statistics page for updated Default rates.
*Capital is at risk and Kuflink is not protected by the FSCS. Past returns should not be used as a guide to future performance.