Feature in Development
Please note: Afranga’s secondary market is currently under development and not yet available. The information below describes how accrued interest will be handled once the feature is live.
Accrued Interest on Sale
When you sell your investment on the secondary market, you may have accrued interest — this is interest earned between the last payment date and the sale date, which the borrower has not yet paid.
Although you are no longer the loan holder after the sale, this accrued interest up to the sale date will still be paid to you, once the borrower makes their next scheduled payment.
Any interest that accrues after the sale date will belong to the new investor who purchased the loan.
If you have questions about accrued interest or the secondary market, please contact us at support@afranga.com.