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Can someone explain this


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  • Angus

    Hi Frederic,

    You can see that this loan has had a "schedule extension" because youve received a fee of 0,27 cents. The loan has now passed the new schedule and may go late and be bought back or it may be extended again. 

    If you sell the loan it will show its status according the new extended schedule. IE in this case if it has 5days left it will show as "current"

    When buying ST loans on the primary market be aware that they can be extended up to six times and up to 6mths. Likewise when buying on the secondary market the loan could be an extended schedule loan.




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