What fees are shared with investors?

Sharestates will distribute any collected default interest to investors. Default interest starts accruing when a loan becomes default (60+ days past due) at a rate of 23.99%.

Sharestates does not share extension fees or late fees.

Please note that Sharestates may waive fees in order to bring the loan current, support the borrower’s ability to complete the project, and therefore better protect investor principal.

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