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Post by toonee on Jul 25, 2016 10:05:47 GMT
When do you start earning interest on FC? Is it when the loan is fully funded, or when you put a bid in? Just wondering, because I sold a loan part and the amount of interest I received seemed to be more than what it should have if you receive interest from when the loan goes live, and was what I would earn if you earn interest from the point of bidding.
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Post by GSV3MIaC on Jul 25, 2016 12:36:13 GMT
It's from when the loan goes live, but typically FC work in whole months only, so if a loan is repaid early you may get lucky. You'd have to post more details (loan number, amount you got, amount you expected) if you want anyone to check/comment further. FC are not usually noted for generous overpayments. 8>.
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