I have had this situation for many months and it is quite frustrating, also, when you bring up the individual arrears loans they don't always make sence. Well to me anyway.
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It quite possibly coulld be the delay between when Harmoney receive the Borrowers funds in, and the clearance time ( 3 to 4 days? ) before those funds are Credited to your Investor account.
Not the case as far as I am concerned Saamee, one instance being a loan in arrears for 3 months without payment and yet amount in arrears is 0. Some months ago I had 3 loans written off and I noticed that the amount in arrears on those loans stayed in my arrears total. They are probably still there??? Who knows, there is no way of finding out as far as I can see. This part of their website is pretty hopeless in my opinion.
Might see a few changes now that the founder (and largest shareholder) has returned to the board. http://www.nbr.co.nz/article/harmone...20Edition%2520
I agree it was odd that he left. Maybe the recent conversation was along the lines of ... I'm coming back onto the board, all agree, or shall we do this the hard way? Lol. With about 5x Heartlands investment and over 3x Trademe's investment, I think this is a good move for the founder to re-take the reigns; stabilise the platform policies; address contrary investor feedback; ensure performance of the company and growth. Those will be necessary to cement the longer term footprint in what is rapidly becoming a more crowded market.
Are any other investors also witnessing the anticipated escalation in Xmas \ New Year arrears yet?
Just today ( Fri ) my accounts Arrears doubled from $55 to $110 outstanding in arrears.
The week just gone was the 1st full 5 day week without any Public Holidays.... So no exuses for delayed bank transfers - only borrowers with no money left in their bank accounts to honour their agreements to Harmoney ( and of course us Investors!! )