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Post by elephantrosie on Jun 3, 2020 4:06:04 GMT
Invest a minimum of £100 and we'll boost the rate you receive by 0.25% pa*
Just saw this today. What does it mean? As a pre-existing investor, do I have to invest at least £100 and above on a single loan to get an additional 0.25% pa interest on the offered interest rate?
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Post by uksoul on Jun 3, 2020 8:33:49 GMT
Invest a minimum of £100 and we'll boost the rate you receive by 0.25% pa*Just saw this today. What does it mean? As a pre-existing investor, do I have to invest at least £100 and above on a single loan to get an additional 0.25% pa interest on the offered interest rate? Yes, invest a min of £100 on the auto select or self select loans and at the end of the term you will get an extra .25%. If you sell the loan or it goes into default then the additional interest does not apply.
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elliotn
Member of DD Central
Posts: 3,064
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Post by elliotn on Jun 3, 2020 9:12:01 GMT
Invest a minimum of £100 and we'll boost the rate you receive by 0.25% pa*Just saw this today. What does it mean? As a pre-existing investor, do I have to invest at least £100 and above on a single loan to get an additional 0.25% pa interest on the offered interest rate? Of course.
Did KL not confirm this to you?
Always found them v responsive IMHO.
Have you ended/paused your foray into S&S*?
(*S&S = Stocks** and Shares) (** tautologically - Stocks = Shares)
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Post by elephantrosie on Jun 5, 2020 19:01:37 GMT
Thanks.
Always wondered why it is called stocks and shares, when stocks = shares.
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