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Post by mrclondon on Nov 28, 2019 15:06:50 GMT
EDIT - IGNORE THIS - loan now corrected and full 10% interest paid.
Hmm .... 3016570680 a £750 loan against a Diamond Solitaire Ring has repaid today, c. 2 weeks early. All capital repaid but no interest on my £25 loan part. The loan listing shows £18.72 interest paid in total for the loan (yield 5.3% pa). No update provided with an explanation.
Which raises 2 questions a) why whould a repayment without full interest be accepted prior to the maturity date ?
b) why have I not had my c. 62p share of the interest received ? (25/750 * 18.72 = 0.62)
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adrian77
Member of DD Central
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Post by adrian77 on Nov 28, 2019 16:49:10 GMT
Well some good news then - I presume the interest fee repaid has gone to the administrator's account and not to FS?
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