jimbob
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Post by jimbob on May 31, 2016 20:01:08 GMT
Offtopic, ontopic isn't interest due for this month  ? |
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Post by GSV3MIaC on May 31, 2016 20:07:40 GMT
Offtopic, ontopic isn't interest due for this month ? If you mean 'in general', Yes, but it always happens on 1st of the month (or next banking day?), then will be backdated in the transaction reports to show as today (last day of prior month). And don't panic about it until late AM, they don't do it at a minute past midnight or anything. You should get an email when it happens. If you meant 'interest on PBL020', then there is altogether too much debate already, but one suspects not (not 'up to 25th' when default was called, and certainly not thereafter) unless/until the security it sold and capital can be repaid.
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Liz
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Post by Liz on May 31, 2016 20:15:20 GMT
Offtopic, ontopic isn't interest due for this month ? If you mean 'in general', Yes, but it always happens on 1st of the month (or next banking day?), then will be backdated in the transaction reports to show as today (last day of prior month). And don't panic about it until late AM, they don't do it at a minute past midnight or anything. You should get an email when it happens. If you meant 'interest on PBL020', then there is altogether too much debate already, but one suspects not (not 'up to 25th' when default was called, and certainly not thereafter) unless/until the security it sold and capital can be repaid. I can't wait for the hysteria tomorrow when interest hasn't arrived by 10am
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jimbob
Member of DD Central
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Post by jimbob on May 31, 2016 20:15:20 GMT
Ah Thanks,
Yes I was looking at the records which displayed the date as today - cheers for the clarification !^^
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sl75
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Post by sl75 on Jun 1, 2016 6:44:34 GMT
I can't wait for the hysteria tomorrow when interest hasn't arrived by 10am ... or indeed that they dare to do the checks of who isn't eligible for interest and should have their loan parts cancelled (triggering the automated "resolve negative balance" emails for anyone who's spent their interest before it was credited) before they actually credit the interest.
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goopy
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Post by goopy on Jun 1, 2016 7:33:14 GMT
I can't wait for the hysteria tomorrow when interest hasn't arrived by 10am Someone started a thread just after midnight.... Got to be a record... 
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adrianc
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Post by adrianc on Jun 1, 2016 8:23:34 GMT
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Post by GSV3MIaC on Jun 1, 2016 16:13:58 GMT
However they did pay on PBL020 up to 27th (I thought it was 25th, but what the heck) which is more than I (and others?) was expecting. It did take them a while to make it happen (some manual work involved maybe? Still beats FC, who after 5 years still can't make a part-month interest payment) but I am none-the-less well pleased so far.
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