EdgeCaseTest004

Day	Datestamp	Advances	Scheduled payment	Window	Payment due	Actual payments	Net effect	Payment status	Balance status	New charges	Charges portion	Actuarial interest	New interest	Interest portion	Fee rebate if settled	Fee rebate	Fee portion	Principal portion	Charges balance	Interest balance	Fee balance	Principal balance	Settlement figure
0	2020-10-08	500.00	n/a	0	0.00	n/a	0.00	none scheduled	open	n/a	0.00	0.0000	0.0000	0.00	772.35	0.00	0.00	0.00	0.00	0.0000	772.35	500.00	1,272.35
8	2020-10-16	n/a	original 225.00	1	225.00	225.00 failed (insufficient funds) 225.00 failed (insufficient funds) 225.00 failed (insufficient funds)	0.00	missed payment	open	insufficient funds 10.00	0.00	2.7748	2.7748	0.00	747.14	0.00	0.00	0.00	10.00	2.7748	772.35	500.00	537.98
11	2020-10-19	n/a	n/a	1	0.00	225.00 failed 225.00 failed 225.00 failed	0.00	nothing due	open	n/a	0.00	1.0405	1.0405	0.00	737.68	0.00	0.00	0.00	10.00	3.8153	772.35	500.00	548.48
14	2020-10-22	n/a	n/a	1	0.00	225.00 failed 225.00 failed 225.00 failed	0.00	nothing due	open	n/a	0.00	1.0405	1.0405	0.00	728.22	0.00	0.00	0.00	10.00	4.8558	772.35	500.00	558.98
39	2020-11-16	n/a	original 225.00	2	225.00	225.00 failed 225.00 failed 225.00 failed	0.00	missed payment	open	n/a	0.00	8.6712	8.6712	0.00	649.41	0.00	0.00	0.00	10.00	13.5270	772.35	500.00	646.46
42	2020-11-19	n/a	n/a	2	0.00	225.00 failed 225.00 failed 225.00 failed	0.00	nothing due	open	n/a	0.00	1.0405	1.0405	0.00	639.95	0.00	0.00	0.00	10.00	14.5675	772.35	500.00	656.96
45	2020-11-22	n/a	n/a	2	0.00	225.00 failed 225.00 failed 225.00 failed	0.00	nothing due	open	n/a	0.00	1.0405	1.0405	0.00	630.49	0.00	0.00	0.00	10.00	15.6081	772.35	500.00	667.46
69	2020-12-16	n/a	original 225.00	3	225.00	225.00 failed 225.00 failed 225.00 failed	0.00	paid later in full	open	n/a	0.00	8.3243	8.3243	0.00	554.84	0.00	0.00	0.00	10.00	23.9324	772.35	500.00	751.44
72	2020-12-19	n/a	n/a	3	0.00	confirmed 225.00 225.00 failed 225.00 failed	225.00	extra payment	open	n/a	10.00	1.0405	1.0405	24.97	545.38	0.00	115.36	74.67	0.00	0.0000	656.99	425.33	536.94
75	2020-12-22	n/a	n/a	3	0.00	225.00 failed 225.00 failed 225.00 failed	0.00	nothing due	open	n/a	0.00	0.8851	0.8851	0.00	535.92	0.00	0.00	0.00	0.00	0.8851	656.99	425.33	547.28
100	2021-01-16	n/a	original 225.00	4	225.00	225.00 failed 225.00 failed 225.00 failed	0.00	paid later in full	open	n/a	0.00	7.3761	7.3761	0.00	457.11	0.00	0.00	0.00	0.00	8.2612	656.99	425.33	633.47
103	2021-01-19	n/a	n/a	4	0.00	237.00 failed 237.00 failed 237.00 failed	0.00	nothing due	open	n/a	0.00	0.8851	0.8851	0.00	447.65	0.00	0.00	0.00	0.00	9.1463	656.99	425.33	643.81
106	2021-01-22	n/a	n/a	4	0.00	confirmed 249.00 225.00 failed 225.00 failed	249.00	extra payment	open	n/a	0.00	0.8851	0.8851	10.03	438.20	0.00	145.07	93.90	0.00	0.0000	511.92	331.43	405.15
214	2021-05-10	n/a	original 250.00	5	250.00	250.00 failed 250.00 failed 250.00 failed	0.00	missed payment	open	n/a	0.00	24.8291	24.8291	0.00	97.73	0.00	0.00	0.00	0.00	24.8291	511.92	331.43	770.44
217	2021-05-13	n/a	n/a	5	0.00	250.00 failed 250.00 failed 250.00 failed	0.00	nothing due	open	n/a	0.00	0.6897	0.6897	0.00	88.27	0.00	0.00	0.00	0.00	25.5188	511.92	331.43	780.59
220	2021-05-16	n/a	n/a	5	0.00	250.00 failed 250.00 failed 250.00 failed	0.00	nothing due	open	n/a	0.00	0.6897	0.6897	0.00	78.82	0.00	0.00	0.00	0.00	26.2085	511.92	331.43	790.73
245	2021-06-10	n/a	original 276.00	6	276.00	250.00 failed 250.00 failed 250.00 failed 250.00 failed	0.00	paid later in full	open	n/a	0.00	5.7475	5.7475	0.00	0.00	0.00	0.00	0.00	0.00	31.9560	511.92	331.43	875.30
248	2021-06-13	n/a	n/a	6	0.00	250.00 failed 250.00 failed 250.00 failed	0.00	nothing due	open	n/a	0.00	0.6897	0.6897	0.00	0.00	0.00	0.00	0.00	0.00	32.6457	511.92	331.43	875.99
251	2021-06-16	n/a	n/a	6	0.00	250.00 failed 250.00 failed 250.00 failed	0.00	nothing due	open	n/a	0.00	0.6897	0.6897	0.00	0.00	0.00	0.00	0.00	0.00	33.3354	511.92	331.43	876.68
379	2021-10-22	n/a	n/a	6	0.00	175.00 failed 175.00 failed 175.00 failed	0.00	nothing due	open	n/a	0.00	29.4271	29.4271	0.00	0.00	0.00	0.00	0.00	0.00	62.7626	511.92	331.43	906.11
380	2021-10-23	n/a	n/a	6	0.00	confirmed 175.00	175.00	extra payment	open	n/a	0.00	0.2299	0.2299	62.99	0.00	0.00	68.00	44.01	0.00	0.0000	443.92	287.42	731.34
407	2021-11-19	n/a	n/a	6	0.00	confirmed 175.00	175.00	extra payment	open	n/a	0.00	5.3829	5.3829	5.38	0.00	0.00	102.97	66.65	0.00	0.0000	340.95	220.77	561.72
435	2021-12-17	n/a	n/a	6	0.00	176.00 failed 176.00 failed 176.00 failed 176.00 failed	0.00	nothing due	open	n/a	0.00	4.2875	4.2875	0.00	0.00	0.00	0.00	0.00	0.00	4.2875	340.95	220.77	566.00
438	2021-12-20	n/a	n/a	6	0.00	176.00 failed 176.00 failed 176.00 failed	0.00	nothing due	open	n/a	0.00	0.4594	0.4594	0.00	0.00	0.00	0.00	0.00	0.00	4.7469	340.95	220.77	566.46
441	2021-12-23	n/a	n/a	6	0.00	176.00 failed 176.00 failed 176.00 failed	0.00	nothing due	open	n/a	0.00	0.4594	0.4594	0.00	0.00	0.00	0.00	0.00	0.00	5.2063	340.95	220.77	566.92
475	2022-01-26	n/a	n/a	6	0.00	confirmed 176.00	176.00	extra payment	open	n/a	0.00	5.2063	5.2063	10.41	0.00	0.00	100.52	65.07	0.00	0.0000	240.43	155.70	396.13
✓ 1251	2024-03-12	n/a	n/a	6	0.00	n/a	479.92	generated	closed	n/a	0.00	83.7972	83.7972	83.79	0.00	0.00	240.43	155.70	0.00	0.0000	0.00	0.00	0.00

Key: ★ = evaluation day; ✓ = settlement day

Final Stats

Generated settlement: 479.92 on day 1251	Final balance status: closed
Effective interest rate: 0.01241243811 % per day	Final cost-to-borrowing ratio: 195.98 %
Required scheduled payment count: 6	Last required scheduled payment day: 245
Final actual payment count: 71	Last actual payment day: 475

Description

Only one insufficient funds charge per day

Generated: see details

Basic Parameters

Evaluation Date	2024-03-12
Start Date	2020-10-08
Principal	500.00
Schedule options	config: custom schedule day: 8 scheduled payment: original 225.00 day: 39 scheduled payment: original 225.00 day: 69 scheduled payment: original 225.00 day: 100 scheduled payment: original 225.00 day: 214 scheduled payment: original 250.00 day: 245 scheduled payment: original 276.00
Payment options	rounding: rounded up level-payment option: lower final payment
Fee options	fee type: CAB/CSO fee 154.47 % rounding: rounded down fee amortisation: amortise proportionately
Interest options	standard rate: 9.95 % per year method: actuarial rounding: rounded down APR method: US CFPB actuarial to 3 d.p. cap: total n/a; daily n/a

Advanced Parameters

Payment options	scheduling: as scheduled timeout: 3 days minimum: defer or write off up to 0.50
Interest options	initial grace period: 3 day(s) rate on negative balance: zero promotional rates: n/a
Fee options	settlement rebate: pro-rata rebate
Charge options	Type Charge Grouping Holidays insufficient funds 10.00 one charge per day n/a
Settlement day	n/a
Trim unrequired payments	false

Initial Schedule

Day	Scheduled payment	Actuarial interest	Interest portion	Principal portion	Interest balance	Principal balance	Total actuarial interest	Total interest	Total principal
0	0.00	0.0000	0.00	0.00	0.00	1,272.35	0.0000	0.00	0.00
8	225.00	2.7748	2.77	222.23	0.00	1,050.12	2.7748	2.77	222.23
39	225.00	8.8742	8.87	216.13	0.00	833.99	11.6490	11.64	438.36
69	225.00	6.8204	6.82	218.18	0.00	615.81	18.4694	18.46	656.54
100	225.00	5.2040	5.20	219.80	0.00	396.01	23.6735	23.66	876.34
214	250.00	12.3067	12.30	237.70	0.00	158.31	35.9801	35.96	1,114.04
245	276.00	1.3378	1.33	274.67	0.00	-116.36	37.3180	37.29	1,388.71

Initial Stats

Initial interest balance: 0.00	Initial cost-to-borrowing ratio: 58.3 %	Initial APR: 257.704 %
Level payment: 225.00	Final payment: 276.00	Last scheduled payment day: 245
Total scheduled payments: 1,426.00	Total principal: 1,388.71	Total interest: 37.29