Loan Fees
NettyWorth allows collectors to borrow against eligible graded trading cards and collectibles without selling their assets. When a loan is successfully funded, a one-time loan origination fee is applied.
Loan Origination Fee
A 2% Loan Origination Fee is charged when a borrower accepts a loan offer and the loan is funded.
The origination fee is calculated based on the approved loan amount and is deducted from the loan proceeds before funds are disbursed.
No origination fee is charged unless the loan is successfully originated.
Example
| Loan Amount | Origination Fee (2%) | Borrower Receives |
|---|---|---|
| $100 | $2.00 | $98.00 |
| $500 | $10.00 | $490.00 |
| $1,000 | $20.00 | $980.00 |
Transparent Pricing
The loan origination fee is always displayed before you accept a loan offer, ensuring you know exactly how much you will receive before completing the transaction.