ptoper
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Post by ptoper on Sept 11, 2020 19:07:53 GMT
On my dashboard, the 'Accrued Interest' has not been increasing for few days, shows less than a pound accrued so far which is too little. Previously, each day there was increment.
Just wondering if anyone is facing the same thing.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Sept 11, 2020 19:37:39 GMT
On my dashboard, the 'Accrued Interest' has not been increasing for few days, shows less than a pound accrued so far which is too little. Previously, each day there was increment.
Just wondering if anyone is facing the same thing.
Not just a case that your MLA loans all repay around this date so the sums coming out of accrued interest are about equally to the accruals on the rest? Certainly a lot of loans made payments today
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dave2
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Post by dave2 on Sept 11, 2020 21:12:18 GMT
Interest accrued (outstanding) does not really matter, it may increase one day, then decrease the next day as the accrued interest is paid.
I always watch the total interest, which should increase on a daily basis.
Total interest = Accrued interest + Paid interest.
At the moment the "Claimed Lender Fee" charged by Assets Capital due to Covid is disrupting the first few daily totals of the month, so that the total daily change is low, or may even go negative when the interest accrual is less than the amount paid out, as the amount paid out is charged, (taken as a fee) by AC. For me, this affected the first four days of September.
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