SteveT
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Post by SteveT on Nov 1, 2016 9:09:28 GMT
IIRC, in recent months the monthly interest was credited on the last day of the month. However my account statement doesn't yet have October's interest credited (I assume others are in the same position). Is this a regular occurrence?
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jmr
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Post by jmr on Nov 1, 2016 9:52:19 GMT
I haven't received my interest either, I received my last payment on the 30th September though. I only started to invest mid-September so can't comment on previous months.
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Steerpike
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Post by Steerpike on Nov 1, 2016 12:38:42 GMT
Interest is late and there has been no update on pipeline loans either.
Edit: Sent an email, no response, so phoned them and the lady that answered said she didn't know but would get someone to call me back.
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Greenwood2
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Post by Greenwood2 on Nov 1, 2016 14:11:33 GMT
Interest seems to be due on the last day of the month and distributed on the first day of the month so may arrive later today.
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Steerpike
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Post by Steerpike on Nov 1, 2016 18:20:36 GMT
Le nouveau est arrivé!
A bit late in the day but there it is.
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Greenwood2
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Post by Greenwood2 on Nov 2, 2016 7:04:24 GMT
Did you get a reply about the apparent delay in payments and the loans stuck in the pipeline?
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Steerpike
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Post by Steerpike on Nov 4, 2016 9:42:11 GMT
Did you get a reply about the apparent delay in payments and the loans stuck in the pipeline? Unfortunately, no. I also received no response to my question about the valuation on one of the older (overdue) loans and if the valuer is still being used.
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Steerpike
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Post by Steerpike on Nov 4, 2016 13:05:40 GMT
Interest was released late on the 1st for the previous month, the older of the two pipeline loans is now live, and I now understand why the Altrincham loan sale was so much lower than the valuation, so my queries have been resolved.
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SteveT
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Post by SteveT on Nov 4, 2016 13:17:08 GMT
Interest was released late on the 1st for the previous month, the older of the two pipeline loans is now live, and I now understand why the Altrincham loan sale was so much lower than the valuation, so my queries have been resolved. Without revealing any confidential info, are you able to share the reason(s)? There seems to be no explanation given on the loan page.
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Steerpike
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Post by Steerpike on Nov 4, 2016 13:24:32 GMT
A number of factors including nearby development, owner behaviour, and eventually sale time constraints.
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tomp
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Post by tomp on Jul 1, 2017 13:32:38 GMT
Anyone still waiting for they monthly interest?
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Greenwood2
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Post by Greenwood2 on Jul 1, 2017 14:44:28 GMT
Had hoped it would be credited this morning, but I'm now assuming Monday.
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SteveT
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Post by SteveT on Jul 2, 2017 7:03:01 GMT
Had hoped it would be credited this morning, but I'm now assuming Monday. Now paid
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tomp
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Post by tomp on Jul 2, 2017 7:23:25 GMT
Thank you for letting us know
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Greenwood2
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Post by Greenwood2 on Aug 1, 2017 16:12:24 GMT
Any predictions to when Interest arrives for July? I haven't got anything yet.
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