sj
Member of DD Central
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Post by sj on Oct 21, 2019 13:53:04 GMT
There's 2 different bonus interest rate lists given on the Unbolted website for the eligible working capital loans - one set of rates is an additional 0.10% interest on amounts over £5,000, the other set of rates is an additional 0.05% interest on amounts over £5,000. There's conflicting info on the website depending on whether you look on the list of available loans (and clicking on the "learn more" green text, 0.05%) or if you read the text in the loan details page itself (0.10%).
@unbolted, which one is it? Please update your website to remove conflicting info, thanks
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sj
Member of DD Central
Posts: 229
Likes: 330
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Post by sj on Oct 23, 2019 11:01:49 GMT
No replies? Nobody else knows either then? And are Unbolted even on these forums?
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Post by ashwinp on Oct 23, 2019 12:38:16 GMT
The website has been updated. The bonus interest rates are 0.10%-0.20% rather than 0.05%-0.15% as had been erroneously represented on some pages on the site.
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sj
Member of DD Central
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Likes: 330
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Post by sj on Oct 28, 2019 21:42:41 GMT
Excellent, thank you for the clarification!
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Post by Ace on Nov 19, 2019 20:37:52 GMT
Can I please get a further clarification on whether the bonus is dependent on the amount invested in single working capital loans, or whether it's based on the total invested across all working capital loans? E.g. If one invested £2500 in each of two different working capital loans would they qualify for the 0.1% bonus? If one invested £5000 in each of four different working capital loans would they qualify for the 0.2% bonus? Tagging ashwinp . |
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Post by paulh on Nov 19, 2019 20:51:40 GMT
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Post by ashwinp on Nov 20, 2019 11:11:41 GMT
It is indeed the total across working capital loans that matters for the bonus payment.
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upperdeane
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Post by upperdeane on Nov 20, 2019 11:14:38 GMT
It is indeed the total across working capital loans that matters for the bonus payment. i'm new to unbolted. Do you have many borrowers who use the working capital loan type as most of the loans I've seen seem to be for the other loan categories? Apologies if I'm asking the question in the wrong thread.
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archie
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Post by archie on Nov 20, 2019 12:53:58 GMT
It is indeed the total across working capital loans that matters for the bonus payment. Is there an easy way to see how much is invested in each category?
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Ukmikk
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Post by Ukmikk on Nov 20, 2019 18:43:03 GMT
It is indeed the total across working capital loans that matters for the bonus payment. Is there an easy way to see how much is invested in each category? I don't think so. Or to allocate which category cash is invested in. It would be useful if there was.
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