12 docs tagged with "loan-management"

To delete a loan account you must have the **Delete Loan Accounts** (`DELETE_LOAN_ACCOUNT`) permission. You may delete a loan account that has been...

Loan accounts can only be fully edited while they are still pending approval. After they have been approved, it is only possible to edit a loan...

Mambu allows you to lock and unlock loan accounts to better manage situations where you need to stop applying interest, fees, or penalties to them.

Payment holidays allow banks to offer their customers a temporary break from payments, while interest still continues to accrue on the outstanding...

To provide greater flexibility in managing loan payments, especially in response to interest rate changes, overpayments or fee capitalization...

This functionality is supported for [dynamic mortgages](/docs/dynamic-mortgages). For [interest only loans](/docs/equal-installment-interest-only-loan

You can process single, partial, custom or bulk repayments. These may be entered in the present or backdated.

When [creating a new loan product](/docs/setting-up-new-loan-products), you can control the extent to which loan schedules can be edited by selecting...

:::note Payment Holidays

When working with clients you may wish to view their loan history in order to come to a decision on whether to approve or disapprove a particular...

When you *terminate a loan*, the total outstanding principal plus all accrued charges become due immediately (as of the termination date).

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