API – Loan Smooth Payments Collections

This article is going to go over the loan smooth payments in API.

Loan Smooth Payments (loan.smoothpayments)

Variable

Description

loan.smoothpayments.advanced

This will smooth the payment amount over the number of periods you entered for the loan. 

loan.smoothpayments.basic

 This will smooth the payment amount over the number of periods that is most simple for the system to calculate.

loan.smoothpayments.no

This will smooth the payment amount over the number of periods you have entered for the loan, without applying a schedule round.

loan.smoothpayments.yes

This means you want to use smooth payments on a loan.


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