amwinv
Member of DD Central
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Post by amwinv on Jul 3, 2022 16:20:58 GMT
Hey all, Anyone else get a sudden negative interest this month for the first time ever, for roughly the amount you'd usually accrue - yet with no actual losses listed? I'm so confused.  |
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archie
Posts: 1,822 
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Post by archie on Jul 3, 2022 16:52:34 GMT
Yes.  Lower amount than would normally accrue but negative. |
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Ace
Member of DD Central
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Post by Ace on Jul 3, 2022 17:21:32 GMT
The 3 accounts that I have access to all have positive interest for June 2022, but all 3 are much lower than usual.
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Post by overthehill on Jul 3, 2022 19:42:15 GMT
The June 2022 interest paid total is much less than the interest paid according to my transactions spreadsheet.
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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 Jul 3, 2022 20:45:47 GMT
The June 2022 interest paid total is much less than the interest paid according to my transactions spreadsheet.
Same here, interest paid adds up to much the same as normal but monthly breakdown is about half that
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ukinvestor
Member of DD Central
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Post by ukinvestor on Jul 4, 2022 8:46:33 GMT
My guess is: - Negative interest is for loans bought on the "secondary market". Happened to me once and that was their explanation.
- Lower interest due to large number of overdue loan assets put up for sale and not receiving interest until sale is complete.
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Post by Penny Pincher on Jul 4, 2022 12:50:07 GMT
I assume you're referring to the Tax Statement, Monthly Split. In which case, my account is not showing a June 2022 figure yet.
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Post by scrumper on Jul 4, 2022 13:45:16 GMT
Mine was showing earlier but has now been removed.
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archie
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Post by archie on Jul 4, 2022 14:00:23 GMT
Mine was showing earlier but has now been removed. Mine has now been removed too.
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Post by scrumper on Jul 5, 2022 10:29:13 GMT
My figure for June is back and the same as it was before being removed. I don't have enough history on the platform to know if is lower than usual.
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archie
Posts: 1,822
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Post by archie on Jul 5, 2022 10:36:21 GMT
My figure for June is back and the same as it was before being removed. I don't have enough history on the platform to know if is lower than usual. Mine is back and now looks in the normal range rather than negative. 
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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
Posts: 10,483
Likes: 10,653
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Post by ilmoro on Jul 5, 2022 12:43:00 GMT
My figure for June is back and the same as it was before being removed. I don't have enough history on the platform to know if is lower than usual. Mine is back and now looks in the normal range rather than negative.  Yep, same here
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ganymede
Member of DD Central
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Post by ganymede on Jul 5, 2022 13:59:43 GMT
I had a look at mine and it's the highest amount ever, that's going back to Jun 2018.
I also downloaded the transactions as CSV file, put into spreadsheet,
sum on date ranges for the interest column, while 7p out in Jun compared to number in the tax statement, that could be down to rounding errors. There is 1p in bank interest that doesn't explain the 7p difference.
I look for negative in the interest column. Looking at all the transactions I don't have a single negative in the interest column
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Post by overthehill on Jul 5, 2022 14:28:27 GMT
The June 2022 interest paid total is much less than the interest paid according to my transactions spreadsheet.
My June interest figure in the Tax Statement area is now showing a figure matching my transactions spreadsheet and it is not unexpectedly low. Think accountancy call it reconciliation.
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andy8
New Member
Posts: 3
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Post by andy8 on Jul 28, 2022 17:17:45 GMT
How does that happen
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