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Payment Cycle Details
Purpose The Payment Cycles are used to identify accounts by a user defined code and are specific to your company. These are used in the Create and Maintain Interest Rate Notifications Process. Timing Setup of new Payment Cycles or alterations to ...
Variable Loan Account Details
Purpose Variable Loan accounts are used to manage any loan where terms and conditions change over the life of the loan. Common changes may be interest rates, repayment amounts or maturity dates. Timing Variable Loan Accounts may be viewed at any ...
Variable Loan Interest Rate Change Notifications
Purpose To automate the process of creating interest rate change advice notices with updated calculated values. The system will: Generate a list of accounts affected by a rate change percentage Create communications advising the change of rate Allow ...
Variable Loan Dealer Profile Browse
Purpose To provide a list of Variable Loan Dealer Profiles that have been established Access Dealer | Edit/View Dealer Variable Loan Profiles Variable Loan | Edit/View Variable Loan Dealer Profiles [F2] Lookup of the Dealer Profile Field in the ...
Extending a Variable Loan
Purpose Allow the continued running of a Variable Loan once the maturity date has passed Access a Variable Loan from the Variable Loan Account Browse Process A Variable Loan may need to have its duration increased. Rather than setting up a new loan, ...