No. Though we believe the Provision Fund provides meaningful protection for investors, and to date no investor has lost any principal or interest due, it is important to remember that it is not a guarantee nor an insurance product. In the event of a borrower late payment or default, a lender may not be fully or partially compensated for a number of reasons.

If you are not compensated by the Provision Fund in the event of borrower late payment or default, you may benefit from a number of debt collection or recovery processes that RateSetter may undertake, which may or may not recover any funds.

Read our Product Disclosure Statement for more information