qwakuk
Member of DD Central
Posts: 241
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Post by qwakuk on Apr 24, 2023 19:14:00 GMT
I messaged them to ask if the tax certs would be uploaded to the website or if they were supplying them on request and was it was emailed back to me. The net interest figures agrees to my figures and is a bit of an eye opener.
There have been lots of defaults and recoveries and the net bad debt is 32% of my gross interest BUT even after these figures I am still returning 8.45% per the website, will go up slighlty when the April interest is finally invested.
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Greenwood2
Member of DD Central
Posts: 4,241
Likes: 2,686
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Post by Greenwood2 on Apr 25, 2023 5:32:43 GMT
I messaged them to ask if the tax certs would be uploaded to the website or if they were supplying them on request and was it was emailed back to me. The net interest figures agrees to my figures and is a bit of an eye opener. There have been lots of defaults and recoveries and the net bad debt is 32% of my gross interest BUT even after these figures I am still returning 8.45% per the website, will go up slighlty when the April interest is finally invested. My losses are very similar to last year about 2.9%, with average interest after losses about 8.0% up from about 7.5% last year.
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qwakuk
Member of DD Central
Posts: 241
Likes: 89
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Post by qwakuk on Apr 25, 2023 13:10:16 GMT
I messaged them to ask if the tax certs would be uploaded to the website or if they were supplying them on request and was it was emailed back to me. The net interest figures agrees to my figures and is a bit of an eye opener. There have been lots of defaults and recoveries and the net bad debt is 32% of my gross interest BUT even after these figures I am still returning 8.45% per the website, will go up slighlty when the April interest is finally invested. My losses are very similar to last year about 2.9%, with average interest after losses about 8.0% up from about 7.5% last year. My losses ignoring recoveries are about 4% of capital invested
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Greenwood2
Member of DD Central
Posts: 4,241
Likes: 2,686
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Post by Greenwood2 on Apr 25, 2023 13:18:51 GMT
My losses are very similar to last year about 2.9%, with average interest after losses about 8.0% up from about 7.5% last year. My losses ignoring recoveries are about 4% of capital invested I seem to remember them quoting between 3% and 4% losses, I calculated mine including recoveries, so would be a bit higher without.
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