Auto LoanGrade B · Moderate Risk
Auto Loan Deficiency Balances
212 repossession deficiency balances originated by a subprime auto lender after vehicle liquidation.
Face value
$890,000
Ask price
$210,000
Discount to face
76%
Est. recovery
35%
Est. annualized yield
26.7%
Maturity
20 mo
If you buy today, expect payout: May 20 – Jun 12
Due May 13 — most receivables in this category pay within 30 days of the due date.
What happens after you buy
Funded
NOA delivered
Awaiting payment
Paid
Settled to your account
- Funded: Your purchase is recorded and funds are committed.
- NOA delivered: The debtor has been notified the receivable is now owned by you.
- Awaiting payment: Waiting on the debtor to pay by the expected due date.
- Paid: The debtor has paid; proceeds are being processed.
- Settled to your account: Proceeds have landed in your cash balance.
Origination dateJan 15, 2025
LocationTexas
SellerNationwide Recovery Partners
ListedAug 5, 2026
5,880 / 8,400 shares available$25/share