ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,156
Likes: 4,830
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Post by ozboy on Oct 18, 2018 9:35:25 GMT
Another small step on the road to Integrity, not many Platforms would email and remind you of this:-
18/10/18 Reminder to Lenders
Uninvested funds do not earn interest.
Dear Lender,
We currently have £1.8m of uninvested lender funds in our client account. We wanted to remind lenders that uninvested funds do not earn any interest.
Please check your account and if you have an available balance, you can either select a loan on our platform to invest in or withdraw the funds to your own bank account.
If you are intentionally holding uninvested funds with us because you are waiting for a loan to match your lending criteria, then you need take no action.
This reminder is for our lenders who may have not logged in for some time and may not be aware that they have been recently repaid capital and have funds that are not being utilised fully.
Kind regards,
The Things
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snowmobile
Member of DD Central
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Post by snowmobile on Oct 18, 2018 10:19:15 GMT
I read it as:
We currently have £1.2m of unfilled new loans and £1.8m of uninvested lender funds in our client account.
Please check your account and if you have an available balance, you can select a loan on our platform to invest.
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keystone
Member of DD Central
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Post by keystone on Oct 18, 2018 10:39:09 GMT
I first read it as we have £1.8m invested not earning any interest.
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elliotn
Member of DD Central
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Post by elliotn on Oct 18, 2018 10:46:41 GMT
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Carter
Member of DD Central
Posts: 250
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Post by Carter on Oct 18, 2018 11:25:28 GMT
For certain other platforms it would read more like;
"Reminder to Lenders
Invested funds do not earn interest."
😂
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