rscal
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Post by rscal on Aug 19, 2019 5:51:55 GMT
... but on a Monday at least...
A five year loan (quite a biggie) is being repaid 'this morning' (i.e. not yet in holding) according to the ever useful 'Your Money On Loan' screen. It ran for 3 years 4 and a bit months @ 6.3%
I wonder if anyone has actually had a five year loan go full term? Even some of my extant loans weren't actually for five years originally but four years. That does benefit you with higher return of capital of course.
... awaiting RS to swith on their email this morning to issue that 'Your invement completed early' message. I wonder if they don't send those until the cash is in holding and therefore processed by them. With it being a Monday there may be a longsih wait for that!
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Post by propman on Aug 19, 2019 9:34:27 GMT
I have had quite a few go full term, even at high rates...
Having said that, only about 25% off this month's repayments and 20% of last months were full term and my lending was at its highest 5 years ago.
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