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How often is the interest paid out?

All interest, regardless of an asset type, is paid monthly at the end of each month.

There are two available asset types on Debitum- BULLET and DECLAINING BALANCE. Their repayment schedule is as follows: 

  • BULLET: The borrower settles the entire loan principal amount at the end of the loan term.
  • DECLINING BALANCE: Borrowers make partial principal repayments every month to decrease outstanding liability progressively.
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* Weighted average interest rate for all historic loans and ABS. Your earnings may be higher or lower than expected. Investing puts your capital at risk. Any indicated historic return does not guarantee the same future performance.