Already invested in Unbolted?
Already invested in Unbolted? If so, share your impressions below. Are you happy with Unbolted? Have you encountered an issue that other investors should be aware of? What percentage of your portfolio will be invested in Unbolted?
Discussion started by canythould43 , on 691 days ago
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The platform offers pawnshop style loans to the general public with very liquid assets. These types of assets can be sold very quickly upon default. Pawnshops typically do better in economic downturns than they do in times of prosperity as people will borrow against personal assets when they are unable to get an unsecured personal loans. LTV’s are usually very low as defaults can be high, so pawnshops need to make sure they can always recoup capital.