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Interest payment is due today, why is it not showing in my account?

Interest payment is due today, why is it not showing in my account?

If a payment is not showing in your account it can be for three reasons:

1. Subject to receiving the payment from the borrower, each interest payment is made later in the day so that the yields on the secondary market remain correct for that day. The payment may not show up until late evening on the payment date. If there are no trades pending on a transaction in the secondary market the payment will be made in the afternoon of the day it is due.

2. If a payment has not been received from the borrower the payment will not appear in your account until such payment is received. If this is the case then we will update the Admin section of that loan with an explanation of the late payment and what we are doing about it.

3. If a payment date falls due over a weekend from the borrower , we may not receive the payment until the following Monday.

You can track the status of all payments in the Repayment section of each loan (available from the ‘Details’ section)

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