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Loss Provision Fund
Loss Provision Fund (LPF) guarantees lenders principal and interest payments. It is backed up by the platform.
The loss-provision fund is managed by the SmartCredit.io platform. It is one of the mechanisms that guarantee lenders the principal and interest payments. The platform is the guarantor of the Loss Provision Fund.
This fund accumulates small payments from every loan. It is used in adverse situations—for example, in the case of extreme market crashes, which do not cover the loan values.