In case a borrower would not be able to repay the loan, and no solution would be found directly between the borrower and Crowdpear (for example, refinancing of the loan), the legal recovery process following the normative acts valid in the Republic of Lithuania would be initiated.

For every day of the delay, the initial interest + an additional 5% yearly interest would be applied for each investment.

For more information, please refer to the document Procedure for management of defaults