The rate is annualised from the monthly rate. We don’t offer interest compounding but investors are paid monthly interest, which you could re-invest and so technically earn a compounded rate of return.
Articles in this section
- Why have I not received my expected monthly interest?
- How do I invest?
- I'm a first time user, how do I invest money?
- Do the interest rates take into account monthly compounding?
- Is there a schedule for processing cash deposits?
- When can we expect loan book updates?
- Is interest compounded?
- Can you include the purchase price in the loan particulars?
- What information is provided on a loan to help me choose the most suitable?
- Why are my loan parts not eligible for sale?