paulgul
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Post by paulgul on Aug 1, 2015 7:28:44 GMT
Has anyone received interest payments for 31st July, mine aren't showing on my transactions page
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locutus
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Post by locutus on Aug 1, 2015 7:40:03 GMT
They are always paid on the first working day of the month, with the payment back-dated in your transaction history to the last day of the preceding month.
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paulgul
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Post by paulgul on Aug 1, 2015 7:46:07 GMT
Ahh, Ok, I thought they were posted on the last day of the month.
Surprised they post only on a working day, would have thought all this type of thing was automated and could be posted on whatever day the 1st was. Still not to worry
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SteveT
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Post by SteveT on Aug 1, 2015 9:49:08 GMT
The progression of time works slightly differently on the IoW !!  |
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Post by lourent on Aug 1, 2015 10:21:18 GMT
Check your account, Interest are being paid right now  |
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paulgul
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Post by paulgul on Aug 1, 2015 10:44:33 GMT
Yeah, just had an email from SS to confirm the payments have now been made |
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ilmoro
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'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 Aug 1, 2015 11:16:14 GMT
Note that there are payments for the four loans that havent drawndown. Have they done that before or have they drawndown and its just not indicated in the loan list?
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mv
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Post by mv on Aug 1, 2015 14:58:48 GMT
I'm sure someone posted somewhere that they had draw down
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trevor
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Post by trevor on Aug 2, 2015 15:12:06 GMT
Withdrew my July interest soon after it was credited to my account and the money is now in my bank account. V happy with that.
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Post by nickthefool on Aug 4, 2015 8:42:43 GMT
This is my first month of investing with SS. I received my interest payments, and was lucky enough that there was some capacity so I reinvested them.
This is all good, however I notice that in the "Live Loan Parts" section of the site, it still shows the interest that has been paid for each loan, making it non-trivial to tell what my total interest accrued is (well, it's fairly trivial right now, but in a few months' time it won't be). Is this behaviour normal, or has something gone wrong with the site?
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pom
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Post by pom on Aug 4, 2015 8:46:46 GMT
It's the cumulative interest for the loan (confused me at first too)
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Post by nickthefool on Aug 4, 2015 9:00:21 GMT
Ok thanks. Strange to display it that way IMO, but good to know it's not a bug.
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sqh
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Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Aug 4, 2015 9:39:36 GMT
Ok thanks. Strange to display it that way IMO, but good to know it's not a bug. I think it's historic. The original boat loans were 6 month loans with interest paid at term. PBL001 was the first loan to pay monthly interest. Of course, historic means pre-May 2015, SS sure has come a long way in a short time.
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