rogerbu
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Post by rogerbu on Apr 30, 2017 10:37:11 GMT
MoneyThing There seem to be a large number of missing repayments this morning. Up to now, Repayments due on the 31st of a month have been paid on the last day of that month ie due 31st paid 28/02 or 30/04. All the 31st repayments (eg BPF693) have not been paid today the last day of April. Has there been a policy change, and if so did I miss its announcement?
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spiral
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Post by spiral on Apr 30, 2017 11:01:04 GMT
A bug was identified last month for 31st of Month repayments. MT said they would fix it. This is probably a result of that fix. Whether intentional or not, I don't know. See here |
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Post by markp2p on Apr 30, 2017 11:04:16 GMT
Or perhaps just a total lack of any fix. If I understood Moneything's post in that thread correctly, loans ending on the 31st of a month are set to pay interest at 11pm on the last day of the month, so perhaps the interest will appear later tonight?
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Post by MoneyThing on Apr 30, 2017 11:36:50 GMT
Afternoon,
Interest payments due on the 31st should have been made today, however we have not yet fixed this bug so the system won't process this until 11pm.
The Shuang however is on the case now and making a manual adjustment so that these will be paid later this afternoon.
Kind regards,
Ed
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GeorgeT
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Post by GeorgeT on Apr 30, 2017 11:56:23 GMT
Phew. I was starting to panic. The last day of the month and my interest it is a lot lower than I was expecting and usually get. I calculated it was only coming out at 7.9% even though I am not holding a loan that pays lower than 10%. After recovering from my panic I was in process of writing to MT when perchance I decided to check the forum just in case and lo and behold the sun is shining again.
The value of the forum and sharing information ...
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Post by marcusponds on Apr 30, 2017 12:20:28 GMT
me too GeorgeT... 31st is a big day for me being heavily into Wigan - well someone has to be - and received some other tiddlers today, but nothing from there. |
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zendog
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Post by zendog on Apr 30, 2017 13:31:49 GMT
All coming through now...AE, Wigan, etc,... I can now buy that extra pint  |
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Post by MoneyThing on Apr 30, 2017 14:39:17 GMT
Afternoon, Interest payments due on the 31st should have been made today, however we have not yet fixed this bug so the system won't process this until 11pm. The Shuang however is on the case now and making a manual adjustment so that these will be paid later this afternoon. Kind regards, Ed All interest payments now processed. Regards, Ed.
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DeafEater
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Post by DeafEater on Apr 30, 2017 15:58:30 GMT
Afternoon, Interest payments due on the 31st should have been made today, however we have not yet fixed this bug so the system won't process this until 11pm. The Shuang however is on the case now and making a manual adjustment so that these will be paid later this afternoon. Kind regards, Ed All interest payments now processed. Regards, Ed. But according to my figures Ed, you've paid them as a 31 day month not a 30 day month. I can go back to the code in my calculation routine if you think your end is right but I think you're still paying 31 days interest when I was expecting only 30.
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Post by MoneyThing on Apr 30, 2017 17:10:59 GMT
All interest payments now processed. Regards, Ed. But according to my figures Ed, you've paid them as a 31 day month not a 30 day month. I can go back to the code in my calculation routine if you think your end is right but I think you're still paying 31 days interest when I was expecting only 30. Acknowledged - this is part of the same bug and lenders have been paid an extra day this month but will receive one day less next month. Will get this fixed for next month! Sorry to mess up people's calculations. Regards, Ed.
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archie
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Post by archie on Jul 5, 2017 9:20:14 GMT
MTAT709 interest?  |
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rogerbu
Member of DD Central
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Post by rogerbu on Jul 5, 2017 9:22:22 GMT
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Post by markp2p on Jul 5, 2017 12:05:17 GMT
Yeah, what's going on with MTAT709? I checked and it paid interest correctly on the 5th last month...
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ali
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Post by ali on Jul 5, 2017 15:08:58 GMT
Mine has just arrived.
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theshape
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Post by theshape on Jul 7, 2017 11:02:05 GMT
MTAI577 doesn't seem to have paid although MTAI576 has. (And how do I get rid of this huge font which my phone defaults to?)
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