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, any accrued interest already paid to you remains with you as usual.
Accrued interest from the last interest payment date up to the next scheduled interest payment according to the loan repayment schedule will be paid to the new loan holder (the buyer of your investment).
In other words, the sale price you receive includes the outstanding principal and any accrued interest up to the last payment you received, while the new investor will earn interest accrued after the sale.
If you have questions about accrued interest or the secondary market, please contact us at support@afranga.com.