keystone
Member of DD Central
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Post by keystone on Jun 25, 2018 10:42:20 GMT
Can someone remind me with Collateral was interest paid in one go at the start of the month like Lendy or did it trickle in throughout the month like MT? End of the month. Okay, a follow up to this. I have several emails like the following example below from 16th February. When a renewal occurred was the interest credited to the cash balance on the renewal date or credited to the account to be paid "at the end of the month"? " We are pleased to confirm that COLPL00005 Diamond Earrings and 4 Diamond Rings will soon be renewing.
As you have chosen to renew your investment in this loan, any outstanding interest will be credited to your Collateral account and your capital will be transferred into the new loan".
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ali
Member of DD Central
Posts: 313 
Likes: 311
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Post by ali on Jun 25, 2018 10:44:34 GMT
Okay, a follow up to this. I have several emails like the following example below from 16th February. When a renewal occurred was the interest credited to the cash balance on the renewal date or credited to the account to be paid "at the end of the month"? " We are pleased to confirm that COLPL00005 Diamond Earrings and 4 Diamond Rings will soon be renewing.
As you have chosen to renew your investment in this loan, any outstanding interest will be credited to your Collateral account and your capital will be transferred into the new loan". The former.
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