Logging payments

Articles

Payment waterfall application – line of credit

Determine how payments apply to different components of lines of credit.

Payment defaults

Streamline your payments with customizable defaults.

Payment custom fields

Add user-defined fields to your payments.

Recovery payments

Log payments on charged off accounts, making note for bookkeeping purposes.

Reversing payments

How to undo payments and reflect changes across records.

Payment matching

Automatically adjust loan terms to match a set payment amount.

Payment return actions

Take automatic actions after a payment fails.

Force payments

Adjust final payments to reach the exact balance needed.

Extra towards

Determine where extra money from payments applies.

Payment authorization

How to get borrower permission to process a payment.

Automated payments

Learn to configure LoanPro's robust AutoPay feature for recurring, multiple, or individual payments.

Payment plans and history

Create complex or irregular payment schedules.

Logging payment overview

A quick overview of how payments are logged in LoanPro.

Payment waterfall application – loan

Determine how payments apply to different components of installment loans.

Cash advances

Learn about the end-to-end logic, API flag requirements, and processor integration rules used to classify and process cash advance transactions in line of credit accounts.

Interest adjustments

Learn how to adjust interest rates, apply one-time balance adjustments, and suspend or resume interest accrual.

Manual payments

Learn how to manually log payments across different account types with ease, accuracy, and efficiency.