FAQs/FAQs for Investors/Buying and selling loan parts

What is accrued interest?

Funding Circle Administrator
posted this on December 06, 2012 18:28

Accrued interest is any interest that has built up, but not yet been paid, since the last successful payment by the borrower. Interest is accrued at the end of each day and once a borrower makes a payment to you it becomes earned interest available for lending.

 
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