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5 docs tagged with "penalties"

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Arrears Settings

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

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

Loan Penalties Setup

A *penalty* is a fee that your organization may charge clients when a specific term of the loan contract is violated. Penalties are applied after the...