Last Updated on
RateSetter (AU) has introduced a new tool which will allow early access of money invested in 3- and 5-year lending markets. Investors will be able to exit an investment before the end of their term, provided there is enough money from other investors to fund the loan, and enough money remaining in the system. The new feature acts differently to secondary markets in other platforms, whereby RateSetter will purchase the loan back (at their discretion and rate), and then re-distribute it to other members. More here.