Lend Academy Network Forum

Lending Club Discussion => Investors - LC => Topic started by: WES on September 29, 2014, 01:45:19 PM

Title: What time of day are payments received posted to account?
Post by: WES on September 29, 2014, 01:45:19 PM
Anyone know? Do they trickle in or is it one dump at close of banking hours or what?
Title: Re: What time of day are payments received posted to account?
Post by: brycemason on September 29, 2014, 02:13:37 PM
It tends to be after the 2pm loan drop and before the 6pm loan drop.
Title: Re: What time of day are payments received posted to account?
Post by: yojoakak on September 29, 2014, 02:37:16 PM
In my experience first they slowly deduct the fees, and then they somewhat less slowly add in the payments. Oftentimes it can run late.
Title: Re: What time of day are payments received posted to account?
Post by: Fred93 on September 29, 2014, 03:21:56 PM
I believe the time is variable.  Late in the day.  Often after 5PM. 
Title: Re: What time of day are payments received posted to account?
Post by: Randawl on September 29, 2014, 03:23:10 PM
Anyone know? Do they trickle in or is it one dump at close of banking hours or what?

In my experience, fees post first followed by trickles of note payments with a full day's payments posted by 6pm Pacific - usually.
Title: Re: What time of day are payments received posted to account?
Post by: rawraw on September 29, 2014, 03:55:15 PM
You guys pay way more attention to the website than I do
Title: Re: What time of day are payments received posted to account?
Post by: WES on September 29, 2014, 04:17:51 PM
Thanks Bryce, Fred93, et al