Auto Assign

The Auto Assign is a tool that replaces the manual purchase of loan receivables. To use it, you need to create a portfolio with your criteria for receivables – Expected annual return rate (%), Score class, Originator, etc. After you activate a portfolio, the system will follow your criteria and automatically purchase receivables instead of you. The Auto Assign will keep purchasing matching receivables until there are no more available funds in your account or receivables that match your criteria.
The Auto Assign portfolio is under your control. You can change it, pause it, or delete it at any given time.

The portal gives you the opportunity to purchase receivables manually and automatically at the same time.

The minimum amount to purchase receivables with Auto Assign is 10 EUR.

The portfolio that is created or edited last (if there are matching loans) has the priority to purchase first. When that portfolio has purchased up to 10 loan receivables, the next one will have its turn and purchase up to 10 loan receivables. They will take turns until there are no more matching loan receivables or available funds.

After you create an Auto Assign portfolio, you can check the “Number of receivables matched your criteria” column.
Please keep in mind that some of the receivables that match your criteria could be ones you already have purchased.

You always have the possibility to view, edit or pause a portfolio. All filters can be changed except for “Portfolio name” and “User account”.

Please keep in mind that after every edit, your portfolio will be paused. It is necessary to activate it from the “Activate” button.

The Auto Assign portfolio can purchase receivables only on primary market.

If you have two or more portfolios with similar criteria, it is possible that they purchase the same receivables. If you would like to avoid such cases, you can create portfolios with different criteria.

The portfolio can purchase all receivables that match your criteria, even if you have purchased them manually before that.
Manual and Auto Assign purchase of receivables are two different and independent ways to use your funds.

Your Auto Assign portfolio is a tool that allows you to purchase receivables easier and faster. When you delete a portfolio, you delete the criteria you have set up for purchasing receivables but you do not delete the purchases made.

If your portfolio has stopped working, the possible reason is among the following:

– no available loan receivables that match your criteria at the moment;
– your criteria are not set up according to real receivables;
– you have no available funds;
– your portfolio has purchased receivables from all matching loans;
– reached portfolio size;
If it is not any of these reasons, please contact us via e-mail or phone: [email protected]; +372 880 7011.

In order to be able to create an Auto Assign portfolio, you need to have added funds to your iuvo account first. Before that, you will only be able to see the filters.