Loan Settings

Associated Companies Inside a Loan

General. Sometimes companies want to assign another company to a loan. This may be because the assigned company is handling a bankruptcy, collections, repossession, or some other important loan funct…

Updated 5 months ago by Cole

Create a Schedule Roll

General. A typical payment schedule is one that has similar payments and a single interest rate throughout. You may want to customize the payment schedule on your loan. A schedule roll lets you chang…

Updated 3 months ago by Andy

Interest Tiers

General. Interest tiers are designed so that the interest rate on your loans can be automatically assigned based on the loan amount if you choose to have them assigned that way. Interest rates assign…

Updated 3 months ago by Sloan

Payment Authorization

General. The payment authorization is designed to be read in order to obtain verbal consent from your customers before you process payments. The payment authorization text will be displayed on the Pr…

Updated 6 months ago by Sloan

Roll Schedule Templates

General. A typical payment schedule is one that has similar payments and a single interest rate throughout. You may want to customize the payment schedule on your loan. Often, custom payment schedule…

Updated 3 months ago by Sloan

Use Custom Numbering

General. When a new loan or lease account is created in LoanPro, an ID is assigned so that the account can be uniquely identified. There are three ways that this ID can be assigned. First, it can be…

Updated 6 months ago by Cole