Hi,

I have a bad loan that has not been compensated at 80 % of the lost principal.

Investment number: L16493933
Loan sold 24.07.2017

loan amount: EUR 100,00
principal repaid: EUR 0,12
lost principal: EUR 99,88

theoratical compensation @ 80 %: EUR 79,90
compensation received: EUR 78,25

This is not a big difference, but I need to know if this is a mistake or if you changed the rules, as I want to keep track of my accounting without any mistakes. Please can you explain.

Loan compensation can fluctuate between 60-80%, it depends of warranty fund size and from bad loans amount.
At least 60% compensation is guaranteed.

Hrrmpf. Compared with other P2P platforms, transparency is not the strong side of Omaraha. May I recommend you start publishing the current compensation quota at a prominent place on the website, and noticing the investors by email upon any change.

I trust any defaulted loans are compensated with the same quota each given day, is this correct?

quota today @ 76 % (for Estonian defaults).

Is there an official average quota for Estonian loans that you could share with us, vlk494?

lildvl
Is there an official average quota for Estonian loans that you could share with us, vlk494?

Official quota is 60%. Everything over that should be considered bonus, because it depends of bad loans amount and warranty fund size and is constantly changing.

quota today @ 77,9 % (for an Estonian default).

Than you, both. This is really useful!

quota today for 3 Estonian defaults average @ 77,8 %.

quota today @ 79,18 % (1 Estonian default).