Interest payment to cash account not reinvested

bracknellboy Member of DD Central Posts: 7,582 Likes: 5,854	Interest payment to cash account not reinvested Dec 14, 2015 17:45:22 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by bracknellboy on Dec 14, 2015 17:45:22 GMT Strange one. All accounts set to reinvest repayments and interest. And yet my cash account has just had Default Interest for CC L********** credited. chris: system gone funky or something I'm misunderstanding ?

mikeb

Posts: 1,072

Likes: 472

Interest payment to cash account not reinvested Dec 14, 2015 18:21:29 GMT

Quote

Post by mikeb on Dec 14, 2015 18:21:29 GMT

I haven't checked yet, but is this the "manual adjustment" for the all the months where the +3% default interest was not accruing? -- Last time this happened it went in to the cash account, as I recall.

Edit: I have checked, and yes it is. (28/9/14 to 15/7/15)

Last Edit: Dec 14, 2015 18:22:37 GMT by mikeb

chris Representative of Assetz Capital Posts: 3,658 Likes: 2,391	Interest payment to cash account not reinvested Dec 14, 2015 19:27:11 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by chris on Dec 14, 2015 19:27:11 GMT bracknellboy - this was a one off manual payment by the looks of it.
	Former CTO of one of the platforms posting in a personal capacity.

Interest payment to cash account not reinvested

Post by bracknellboy on Dec 14, 2015 17:45:22 GMT

Post by mikeb on Dec 14, 2015 18:21:29 GMT

Post by chris on Dec 14, 2015 19:27:11 GMT