Post by rscal on Aug 30, 2019 16:27:37 GMT
My loan #544 is at the point of being redeemed and I have separate chunks in the MLA and the GBBA2. But the latter's figure for accrued interest would be too high at the contractual rate for that account (6.25%) going by; a) the investment amount having remained constant and b) it being 103 days since the last interest payment was recieved. Going by the amount due against MLA (@ 12%) the amount/days calculation looks right @ 104 days whereas going by the accrued figure for the GBBA it would be '229' days ... unless that figure is not @ 6.25% but @ '12%' and (I assume) records the amount due from the borrower but not to me as lender through that particular account. So does anyone know what the real deal here is? (I shall check the transactions later when they go through to see exactly how much is being paid @ '6.25%' of course and post below)
Thnx