Post by nick on Oct 30, 2017 9:57:19 GMT
As part of my weekly monitoring, I review total interest earnt on an accruals basis, ie I sum up interest received and accruing on live, repaid and sold loans. In respect of the later two, Col do not provide interest totals (something I've raised before) so I work these out manually from my 'repaid' and 'sold' loan pages. I have just noticed that on my 'sold' loan pages the 'age' (ie duration the loan was held) is often one day less than the dates indicated. Interestingly the 1 day difference does not apply to all loans, with a minority being in agreement with the start/end dates. I know their interest cut-off is 11pm, but I've never bought or sold a loan between 11pm and 12am so I don't think this could be the cause.
Has anyone else noticed this or know why this is the case? collateral Collateral Rep are you able to comment?
Has anyone else noticed this or know why this is the case? collateral Collateral Rep are you able to comment?
