Setting up Autolend
To create an Autolend you need to decide on your lending style and set the criteria for the loans you are looking to invest in.
The criteria includes:
outstanding term, credit rating, type of loan
Amount you want invest and how you want to spread this across various loans
Total amount, maximum amount to invested single loan, maximum amount to be invested in a loan category
Interest Rates
Time
How long do you want the bid to run
Searching and Monitoring the market
Autolend tool automatically searches the market
for matching loans. AutoBid tool will also monitor all future new loans coming on to
the primary market and loans put up for sale in the secondary market.
Bids are automatically submitted on all loans matching your criteria.
Manage your Autolend
• Keep track of the progress of your autobid from your account
myAccount>>.
You will see how much has been invested, the list of investment and the
remaining balance.
• You can amend or close your AutoBid at any time.
• There is no limit on the number of Autolend - you can have as many as you like