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Wednesday 12 July 2017

P2P - month 2

Apologies for the delay, the updated numbers are below for todays date, I'll try and be more regular in the future, or go down to a quarterly summary:

Total in FC Invested Cash Paid in (new capital) Fees Losses Total no of loans
 £     2,027  £      2,013  £     14  £                       -    £      2  £        -   79

No losses, which is nice. The interest rolls in and new loans are bought, it's very simple and easy to do. One thing is that I had made previous larger loans which means there's a bump in some principle payments which may be allowing this to push on a little quicker than someone starting purely with the £20 loans parts, it also explains why there are interest payments right from the word go.