easyMoney has prepared a ‘Living Will’ that identifies scenarios where we will stop conducting new business and focus on winding up existing loans.
Our payment model has borrowers paying us ongoing fees throughout the term of the loan. Our interests are aligned with investors, we want to ensure all loans get repaid.
These fees exceed the anticipated costs associated with winding up the loans, so even if we were to become insolvent, it would be in the interests of our creditors to continue administering and enforcing the loans.
A detailed summary of our wind down plan can be found on our Understanding the Risks page.