brush
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Post by brush on Jun 7, 2019 9:45:47 GMT
Soon be time for next interest payments, hope the fixes and testing will be completed by then.
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hazellend
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Post by hazellend on Jun 7, 2019 10:09:28 GMT
Will the accrued interest be added to our income on the tax summary?
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dh1
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Post by dh1 on Jun 7, 2019 12:05:54 GMT
Any idea when this will happen Ablrate. Email 24/05/19 The capitalisation of the interest has required our development team to make a few changes to the platform, unfortunately in the final testing this morning an issue was identified that will require some additional work over the weekend. As soon as this platform upgrade has been made, we shall make the payment to lenders, Would like to compound my interest:) We have created a solution for the errors that were there. We are hoping to begin the pprocess tomorrow, subject to the first payments creating no issues. ablrate - can you give us an update on this, please? As fas as I can tell, the solution hasn't been applied yet.
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withnell
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Post by withnell on Jun 7, 2019 14:09:01 GMT
Looks like it's being applied for 105 as we speak, capital balance has increased and the monthly interest payments are being "paid" at zero - up to Feb now!
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mickj
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Post by mickj on Jun 7, 2019 14:25:12 GMT
Just had a run of emails for these loans, "Interest Amount Paid : £0.00 Capital Amount Paid : £0.00" had me scratching my head ;-)
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Jun 7, 2019 14:28:31 GMT
Just had a run of emails for these loans, "Interest Amount Paid : £0.00 Capital Amount Paid : £0.00" had me scratching my head ;-) Did you have to take your woolley hat off?
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mickj
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Post by mickj on Jun 7, 2019 14:33:37 GMT
Just had a run of emails for these loans, "Interest Amount Paid : £0.00 Capital Amount Paid : £0.00" had me scratching my head ;-) Did you have to take your woolley hat off? Hat on, needed it today. Woolley hat/woolley mind - all the emails were for 105
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Post by oktaeder on Jun 7, 2019 14:36:06 GMT
Interests >0 had been paid now too. How can I see that the principal had been increased?
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bod
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Post by bod on Jun 7, 2019 14:38:44 GMT
Although the emails say zero the transaction report has just been updated to show capital and interest being paid for 105 (and increase in my cash balance) and hopefully the others will follow
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bod
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Post by bod on Jun 7, 2019 14:41:22 GMT
Interests >0 had been paid now too. How can I see that the principal had been increased? Look at your investments. My investment in 105 has increased.
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Post by Ace on Jun 7, 2019 14:41:26 GMT
Interests >0 had been paid now too. How can I see that the principal had been increased? I don't think you can at the moment. There are two entries in the transaction history for today. One for the nonzero interest payment for 105, and one for the nonzero capital repayment. No entries, so far, for me for the capitalised interest. perhaps ablrate could tell us what to expect in this regard.
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Post by spareapennyor2 on Jun 7, 2019 14:47:03 GMT
097 has now started so expecting the same 105 paid up
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Post by ablrate on Jun 7, 2019 14:56:51 GMT
Interests >0 had been paid now too. How can I see that the principal had been increased? I don't think you can at the moment. There are two entries in the transaction history for today. One for the nonzero interest payment for 105, and one for the nonzero capital repayment. No entries, so far, for me for the capitalised interest. perhaps ablrate could tell us what to expect in this regard. the amount you hold has increased. So if you held £100 its now around £107
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bod
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Post by bod on Jun 7, 2019 14:57:33 GMT
My current investment in 97 has also increased
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Post by Ace on Jun 7, 2019 15:03:55 GMT
I don't think you can at the moment. There are two entries in the transaction history for today. One for the nonzero interest payment for 105, and one for the nonzero capital repayment. No entries, so far, for me for the capitalised interest. perhaps ablrate could tell us what to expect in this regard. the amount you hold has increased. So if you held £100 its now around £107 Yes, thanks ablrate, I did appreciate that fact. But, for those that trust ABLrate to keep the records there's no way to see what the value of the capitalisation is, as there appears to be no record of this in the transaction history.
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