Early Access Transfer is now live

by Daniel Foggo

At RateSetter we are committed to delivering the best products and experiences for our customers. To achieve this, we are constantly listening to customer feedback and focusing on improving our product. Early Access Transfer has been one of our most requested features and it should now make RateSetter an even more compelling option for investors.

By offering the flexibility to exit our longer-term lending markets early, more investors can take advantage of the higher rates offered in our 3 Year Income and 5 Year Income lending markets, with the peace of mind that they may have the option to exit these early, should their circumstances change. 

The Early Access Transfer feature lets investors request to exit an investment in a loan funded in our 3 Year or 5 Year Income lending markets before the end of the indicative term of the lending market or loan, provided there are funds from other investors available to replace the investment in that loan.

To ensure this is a simple, straightforward experience, investors are able to specify the amount that they wish to access early (before fees and any capital discount), and then loans (or parts of loans) are allocated by remaining to fill the order. 

Early Access Transfers can be requested from your RateSetter account, under the Early access transfer tab in the Account Summary.

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The information contained in the RateSetter blog does not constitute financial product advice and has been prepared as general information only without consideration for your particular investment objectives, financial circumstances or particular needs. As with all investments, before you decide to invest you should familiarise yourself with the key investment risks and read the Product Disclosure Statement.

No responsibility or liability is accepted by RateSetter or its related entities for any errors or omissions or misstatements however caused or arising. Any opinions, forecasts or recommendations reflect the judgment and assumptions of RateSetter and its representatives on the basis of information at the date of publication and may later change without notice.

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