Quicken user since 2008. I have 4 separate files, each with multiple manual variable rate loans that are automatically deducted from their respective checking accounts using the Loan Payment Reminder window. These rates change annually, so I change them using the Adjustable-Rate Loan table. However, once I reach 10 entries, there is no longer an option to edit/delete those entered rates. Not a huge deal, except Quicken is also adding its own entries into these tables, sometimes months after my own entry, where it changes the amount of the payment. This causes my downloaded checking transactions to no longer match, and also requires manually editing each of these payments so they match for reconciliation. This issue is present across all my files, and the first half of the issue is present in a brand new file, too (I haven't verified the second, as it seems random when Quicken will add its own entry into the variable rate table).
I do not allow quicken to download or sync any transactions to these manual loans. My only downloaded transactions are checking account entries. They are also always 2 decimal loans (e.g. 4.58, not 4.575), so it's not a rounding issue in the loan rate.
I have been experiencing this issue since at least Quicken 2018, across multiple versions of windows and different PCs (currently on Windows 11). I attempt to report this issue to support at least twice a year to no resolution. I can't get anyone from higher support to reach back out to me for further information, and on subsequent support chats there is no record of previous support requests so I have to start over. I validate, super validate, change file names, move files to different directories, start with fresh files, etc etc.
I'm not the only person with this issue, e.g.:
I have a 20 year mortgage @ 3.125 fixed. I entered the information correctly in to Quicken at the beginning of the loan. I notice the split was wrong for a payment and review the terms. The Quicken program changed the interest rate from 3.125 to 3.12. I edit the terms, only to find the program keeps reverting the rate to 3.12. over and over again!
I am tired of continually correcting the payment and terms every month. Am I doing something wrong, or is Quicken incapable of calculating a rate with 3 decimal places?
But most other discussions like this are closed too quickly for anyone else to chime in with additional data.
