Frequently asked questions

Information for borrowers

Can the conditions of an existing agreement be changed?

Unfortunately no, the borrower must comply with the conditions of the signed agreement.

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    Can a loan be repaid earlier?

    Yes, a loan can be fully or partially repaid earlier. Administrative fees that would be applied in such cases can be found in the ‘Rates applicable to the users of the crowdfunding platform ‘Crowdpear’’ document.

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      What to do if I am not able to repay the loan?

      We are open to cooperating and finding a solution to a problem (for example, refinancing of the loan could be discussed), therefore, please get in touch with us as soon as the obstacles arise.

      In case no solution would be found between the borrower and Crowdpear, the legal recovery process following the normative acts valid in the Republic of Lithuania would be initiated.

      For more information, please refer to the Procedure for management of defaults and Loan agreement. General conditions documents.

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