Lend Academy Network Forum

Lending Club Discussion => Investors - LC => Topic started by: Lovinglifestyle on June 22, 2018, 09:16:34 PM

Title: Balance Drop Without Activity
Post by: Lovinglifestyle on June 22, 2018, 09:16:34 PM
How can I have 11 cents less today than yesterday, with no activity entries (only FP and COff notes)?  Balance .59 yest., .48 today.
Will wait and see what happens next before I ask LC that.
Anybody else see that today?
Title: Re: Balance Drop Without Activity
Post by: dr.everett on June 22, 2018, 11:06:42 PM
Recoveries and related activity/charges?

Your question made me go look at my accounts and, found a $3.86 gift waiting- recoveries from loans long sworn over and charged off.  ;D
Title: Re: Balance Drop Without Activity
Post by: Lovinglifestyle on June 23, 2018, 08:59:57 AM
None when I checked yesterday, but today--yes!  As I thought possible, the fee was charged before the recovery logged in.  Woo-hoo, $.64 minus $.11 fee!  Balance is up to $1.12 now, since being $0 on 5-29-18 when principal balance went to 0 and I withdrew all cash.
Title: Re: Balance Drop Without Activity
Post by: Fred93 on June 23, 2018, 08:01:19 PM
Oh yea!  I've noticed that they always pull the fees before they deposit payments.  On normal monthly payments it can be an hour or two before.