When borrowers miss payments and loans become late, goPeer’s collection department makes a reasonable effort to recover the money owed to investors.

goPeer does not charge investors a collection fee, however the amount payable to investors will be reduced by any direct collection costs incurred by goPeer, including legal fees, court filing expenses, or any other collection agency or third-party fees.

goPeer does not charge a collection fee if no payments are collected, and no collection fee will be charged in excess of the amount recovered.