Hi @JOJOBG , Thank you for your questions, they make sense! 1. Impact of the emergency act regarding loans Almost none. From what we understand, it tackles debtors already at a very serious stage of delay (freezing bailiff enforcement or the preliminary due before going to the court to claim the immediate repayment of the whole debt). It concerns therefore only a few loans which were defaulted and repurchased at a discount to the investors. We may wonder if these measures could be an incentive for borrowers to delay their payment? No, I don’t believe so. It’s a temporary measure and it’s not worth playing such a game. 2. What about the increase of the risk on the portfolio? Sure there is a short term impact of the situation on the revenues of some of our borrowers. So what happens if someone cannot pay his instalment because of a decrease or absence of revenues during this period? We’ll do exactly what we’ve done so far since the beginning of the platform. If one of our customers faces difficulties, we talk to understand the situation now and in the future. Then we agree together on a plan to relieve part of the repayment pressure by postponing at the end of the loan a portion of the due repayment. It is done at no additional cost for the borrower. For the investor, the same expected amount will be received, over a slightly longer period. It’s all about fairness, taking care of our customers by finding a balanced solution which results in a win-win for all parts of the P2P model. We’ve done a pretty good job so far. We’ll keep the same principles, knowing that they will be applied more frequently during this period. I believe we have the tools and the capacity to go through this situation. What we don’t know is if this will trigger later an economical crisis. In this case, there will be a structural impact on the risk of the portfolio. That’s something we have considered when we designed the model. The risk will increase, the returns will decrease but should remain significantly positive because we serve a segment of prime borrowers. 3. About the massive sale of loans We’ve seen like everyone an increase in the numbers of loans listed for sales. The time to sell will increase unless the investor decides to give a significant discount. This is not something we’re advising people to do. Investing in P2P loans is like any other investment. It’s something you do with a medium/long term horizon and you should not overreact to changes in the economic situation. This being said, if someone wants to exit, we’ll explain to him how he can do it but we cannot promise that someone will purchase. We’ve never made this promise and we will not start. There is another point to consider. During this period the origination of new loans by Klear will drop. Most of the wise customers will postpone their projects like home renovation or car purchase. We’ve financed fewer loans than usual this week and with very special attention to the situation of the customer and the project. Therefore there will be less available loans from Klear, which means more potential for sellers to catch the money from the investors who keep investing and buying loans. 4. Other measures It’s obvious that we all work remotely and that there is no impact on our capacity to provide the service. We’re very sad with the situation, first for the persons who get sick and for everyone negatively impacted at the level of their finances. We’ll try our best to help and to remain fair in the way we operate.