Project ********************* (00005237) has reached the end of its funding term.
We are pleased to inform you that the final interest payment has been made to the bank account listed on your ArchOver profile. If you have not re-invested your money, then your capital has been repaid.
We had some issues with Direct Debit last week which caused some minor delays to interest payments and two capital repayments.
We are always happy to answer any queries and in future will look to provide a project wide update if a delay is looking likely.
ArchOver will always try and ensure that interest and capital re/payments are made on the day they fall due - by definition however no payment is late until 14 days has passed. A borrower has 14 days to remedy an overdue payment before it classifies as late and a default.