Post by mrcasual on Feb 9, 2017 17:04:53 GMT
Started out with mintos a couple of weeks ago and can´t find any information about term lenght and if there is an effect on the interest earned.
Lets say for the example that I am using the auto-investor and he has no problem finding me loans for a fixed rate at 12%. Will the money be "idle" between the investments or will the interest start ticking directly?
Example:1
Investment is made in loan 1 for a 12% rate at 30 days.
The loan is payed at 30 days and the auto-investor finds a new loan for the same 12% rate and 30 days term.
Example:2
Investment is made in a loan for 60 days for 12% rate.
In example 1 will there be a gap that I don´t earn any interest and thereby making example 2 more lucrative?
Lets say for the example that I am using the auto-investor and he has no problem finding me loans for a fixed rate at 12%. Will the money be "idle" between the investments or will the interest start ticking directly?
Example:1
Investment is made in loan 1 for a 12% rate at 30 days.
The loan is payed at 30 days and the auto-investor finds a new loan for the same 12% rate and 30 days term.
Example:2
Investment is made in a loan for 60 days for 12% rate.
In example 1 will there be a gap that I don´t earn any interest and thereby making example 2 more lucrative?
