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Post by preacherman100 on Jul 31, 2017 15:52:32 GMT
Good Afternoon All
I can see on my account interest earned to date in my investment tab but my overall total account amount has not increased.
Is this because interest and capital is all paid at end of loan period?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,334 
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Post by ilmoro on Jul 31, 2017 15:56:08 GMT
Good Afternoon All I can see on my account interest earned to date in my investment tab but my overall total account amount has not increased. Is this because interest and capital is all paid at end of loan period? Interest paid monthly. Paid at beginning of month ie early tomorrow morning
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elliotn
Member of DD Central
Posts: 3,064
Likes: 2,681
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Post by elliotn on Jul 31, 2017 16:25:22 GMT
Good Afternoon All I can see on my account interest earned to date in my investment tab but my overall total account amount has not increased. Is this because interest and capital is all paid at end of loan period? Only the remaining interest from the previous monthly run on the 1st will be paid at time of capital redemption.
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Post by preacherman100 on Aug 1, 2017 12:12:44 GMT
Oops sorry I posted my original question in wrong platform thread - should have been in Funding Secure.
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elliotn
Member of DD Central
Posts: 3,064
Likes: 2,681
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Post by elliotn on Aug 1, 2017 12:15:44 GMT
Oops sorry I posted my original question in wrong platform thread - should have been in Funding Secure. Yep, no interest for me this month, waiting on FS' overdue loan 'management' for rolled-up interest with bullet capital payment at loan redemption.
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registerme
Member of DD Central
Posts: 6,626
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Post by registerme on Aug 1, 2017 12:38:16 GMT
Oops sorry I posted my original question in wrong platform thread - should have been in Funding Secure.
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Post by angrykittens on Aug 1, 2017 13:40:28 GMT
Is this because interest and capital is all paid at end of loan period? In a word, yes.
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