People often ask
Interest rates on the loan are calculated based on the borrower's credit rating and its creditworthiness.
Each borrower is given a Grade rating that ranges from A to E, which directly reflects the interest rate on the loan from 10,5% to 18% APR
In the case of loan approval, the company transfers lending funds to the borrower's bank account.
invested amount is €30,000
investment period is 12 months
APR is 9,25% which is equal to €2,775
In this case, your monthly interest will be around €230 which can be withdrawn to your bank account at any time
We protect your investment using the Provision Fund, which automatically reimburses investors if a borrower misses a payment.
It means, if a borrower misses the payment it won't affect your regular interest payments, based on your fixed term investment plan. Interest will continue to be credited to your account on the 1st date of each month.
Find out more in the section "Provision Fund"
The Verification process is easy and takes up to 15 minutes, in some cases up to 24 hour. All you have to do is upload your identification document (Driver’s license, Passport or ID) in your UCG TRUST account.
Once verification process is completed, you can fully use your account without any future requests of any additional information (such as utility bills, etc.)
Furthermore, if borrowers miss or fail to make repayments, our Provision Fund will automatically reimburse the payment. Therefore, you no longer need to analyze each loan, wait for your income and guess when a borrower will make repayments since our team will handle it for you. As a result, there is no need to provide a loan list.
We simplified the process as much as possible for you as an investor. Your investment accounts at UCG Trust operate in a similar manner as typical savings accounts, where you receive regular monthly interest payments within your investment plan