If your first repayment was expected in June but has been delayed to July, this article explains the reason for the change.
When you make your investment, you will see your expected repayments, which will look something like this.
It's important to know that these dates are preliminary and will change. This is due to the expected repayment schedule being dependent on the date that the loan is issued to the borrower. It is not possible for us to have this finalized until the loan is fully funded. You can check the final expected repayment schedule by logging in to your Dashboard, selecting My Portfolio, then Investments, and scrolling down to the Investment Summary. In the Loan section, click on the specific loan you want to review. If the status of the loan has changed from 'Fully funded' to 'Repaying', that means the expected repayment schedule has been finalized.
Trine will always inform investors if we know there will be a delay in repayments. However, the dates in an expected repayment schedule should be treated as preliminary, and a few days delay in repayment is not unusual. Often repayments are coming from around the world, and this can mean bank transfers take longer than expected.
Please reach out to us at hello@trine.com with any questions about repayments.