Why was I credited with only the principal and no interest after the installment had been made?
September 22, 2024
In rare cases, an investor may make an investment in a loan after the repayment deadline, but the previous month’s repayment has not yet been credited to the BONDSTER portal. In this respect, the investor is not entitled to interest on the repayment made by the borrower before the investment deadline. In terms of crediting the installment after the investment has been made and reducing the total principal amount due, there is a partial withdrawal from the assignment agreement and the investor is refunded part of their investment according to the amount of the principal share held. For example: the repayment date is on the 20th of each month. The investor made their investment on 22 June 2023 and the repayment information was posted on 24 June 2023. The investor is entitled to interest from the date of the investment (22 June 2023) and on.
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