6 docs tagged with "arrears"

When [setting up a new loan product](/docs/setting-up-new-loan-products), you can control how a loan's days in arrears should be calculated in the...

Interest from arrears decoupling provides a method to separate regular interest from interest on arrears. In this context, interest on arrears...

The **Interest on Arrears** functionality allows lenders to identify and manage interest accrued on the arrears portion of a loan. This functionality...

A 3rd party system must be notified when a loan account with a loan amount higher than 1 million goes into arrears. This will apply for individual...

Extract all the loans in arrears along with the late installments. Calculate the total late principal, late interest, late fee, late penalties, and...

When a borrower fails to make a scheduled repayment on time, their loan is said to have *gone into arrears*. Depending on the [arrears...