investor fee

[mikedev10]

hmm i'm new here but hey fellas what is this?  just had a first set of payments 1/7; received 7.28 and had an investor fee of 0.07.  is this something that would show up for a primary note as well, or only secondary?  does the ytm already take this into account?  i was under the impression the only "fees" for a normally performing loan on the secondary market would be the 1% charged to the seller.

[storm]

1% fee is taken from all borrower payments no matter how you acquired the note.

[lascott]

The 1% is pretty easy to do in your head when you see your overall days totals. If it doesn't work out to 1% then there may be collection fees.

An example I had recently.

https://i.imgur.com/ayFW8ZS.jpg" alt="" class="bbc_img" />
https://i.imgur.com/QJYQrE4.jpg" alt="" class="bbc_img" />

[TravelingPennies]

https://forum.lendacademy.com/index.php?topic=5032.msg44148#msg88888888Quote"> from: storm on January 08, 2019, 11:34:40 AM