API – Recurring Charge Collections
Charge Recurring Calculation (charge.recurring.calculation)
This lets you set the amount of recurring fees based on the range of different loan numbers (payment amount).
The fixed amount on a payment that stays consistent, never changes.
This is the added percentage based off of what bracket you choose (contingency, fixed, percentage).
Charge Recurring Event (charge.recurring.event)
This means that the due date is being changed.
This means the loan was activated on an account.
This is making loan modifications, changing the terms of a loan.
This is the loan origination on an account.
This is reversing a payment on an account.
Charge Recurring Percentage Base (charge.recurring.percentagebase)
The amount on a loan that is past due on payments.
This is the current principal balance on the payment.
This is the next due amount on the loan.
This is the next scheduled payment amount on the account.
This is the original total loan amount.
Charge Types (charge.types)
This is the convenience fee on the loan.
This is the late fee charge on an account.
This is the next scheduled fee on the loan.
This is any other fees on an account.
This is the repossession fee on a loan.