Frequently Asked Questions
Answers to your questions about loans.
How does Pigeon Loans work?
How do I create a loan?
Who can create a loan?
Will Pigeon Loans lend me money?
Are there any limits to the loans I make on Pigeon Loans?
Can I create and start a loan outside of the United States?
Can I cancel my loan?
Are contracts from Pigeon Loans legally binding?
How is interest applied on a loan and how do repayments affect the remaining outstanding debt?
If I am lending money to my friends and family, how do I know I will get paid back?
What happens if the Borrower cannot pay off the loan within the time frame initially agreed upon?
Do I have to pay taxes on my loans?
Why is the start date of my loan one day earlier than expected?
Answers to your questions about account management and setup.
Answers to your questions about payments.
Answers to your questions about words or phrases you don't yet understand.
Answers to your questions about anything else you may be curious about.