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Post by markp2p on Feb 28, 2017 10:30:29 GMT
Some of the AE loans don't seem to have paid interest today when they should have done. (AE658 and 659, maybe others). Also BPF543 hasn't paid.
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jamesc
Member of DD Central
Posts: 447 
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Post by jamesc on Feb 28, 2017 10:40:19 GMT
Some of the AE loans don't seem to have paid interest today when they should have done. (AE658 and 659, maybe others). Also BPF543 hasn't paid. I think MT have done a great job the AE loans aren't due till the 31st MOST other platforms would have paid out on the 1st but as always MT excellent customer service means they pay us interest early rather late !
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mikeh
Member of DD Central
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Post by mikeh on Feb 28, 2017 11:04:09 GMT
Interest payments are still coming through and the AE loans have been paid. I'm a bit confused though: for loans due on the 29/30/31 I was expecting to receive the payment today but based on 28 days' interest. I seem to be receiving a mixture of 29 and 30 days interest. I think they should be 30/29/28 days respectively? (ie number of days since last payment)
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Post by onion12 on Feb 28, 2017 11:43:28 GMT
Some of the AE loans don't seem to have paid interest today when they should have done. (AE658 and 659, maybe others). Also BPF543 hasn't paid. I hold AE659 I can't see it in payments maybe it's gone into the Xmas fund Edit it's paid now
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Post by spareafewcoppersguv on Feb 28, 2017 17:58:42 GMT
Can someone remind me how the interest payments are handled on MT, do they all pay on the last day or the month, or are they all done on a one month anniversary following purchase date? Many thanks.....
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Post by spareafewcoppersguv on Feb 28, 2017 21:24:17 GMT
same day of the month as end date, apart from one which is 2 days later. Thanks for the info leopardcat
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Post by marcusponds on Mar 1, 2017 11:22:05 GMT
same day of the month as end date, apart from one which is 2 days later. Thanks for the info leopardcat What happens if a loan should pay out on 29/30/31st, but there are only 28 days in the month?
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SteveT
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Post by SteveT on Mar 1, 2017 11:26:38 GMT
Thanks for the info leopardcat What happens if a loan should pay out on 29/30/31st, but there are only 28 days in the month? It pays on the last day of the month (as yesterday)
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Post by marcusponds on Mar 1, 2017 11:33:43 GMT
What happens if a loan should pay out on 29/30/31st, but there are only 28 days in the month? It pays on the last day of the month (as yesterday) Thanks Steve, I hoped that was the answer. I've got quite a bit due but not received so far (Wigan, for example). Guess I'll wait a bit. EDIT: My mistake, its there.
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SteveT
Member of DD Central
Posts: 6,873
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Post by SteveT on Mar 1, 2017 11:39:11 GMT
It pays on the last day of the month (as yesterday) Thanks Steve, I hoped that was the answer. I've got quite a bit due but not received so far (Wigan, for example). Guess I'll wait a bit. I received all my Wigan tranches interest payments yesterday. You may need to go to the "Statement" page to see all of yesterday's transactions; there were too many for them all to be visible on the "Recent Transactions" summary on the "Funds" page.
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