Should I worry about currency exchange risk?

Our loans are recorded in U.S. dollars, so there is no currency exchange risk if you lend in U.S. dollars. Although we disburse funds to students in local currencies, we record transactions using USD midpoint exchange rates when the funds are sent. Once in repayment, students may repay their loans in any currency, and we again use midpoint rates to credit their accounts in U.S. dollars on the day funds are received.

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