Navigation:  Dealer Setup > Dealer Setup Screens > Plans Screen > Plans Screen Details > Options tab >

Interest Only fields

Navigation:  Dealer Setup > Dealer Setup Screens > Plans Screen > Plans Screen Details > Options tab >

Interest Only fields

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Use Interest Only must be marked on the Dealer Setup > Options screen in order to use these fields on the Options tab. These fields cannot be used if Fixed Payment, Payment Deferred, Same As Cash, Interest Deferred, or Seasonal Pmt options are used on this tab.

 

Use the radio button fields (PLINON/PLIOTY) to indicate whether Interest Only options on the plan being created/edited are set by Month, Day, or Date (mark None if your institution does not use Interest Only options).

 

If Month or Day is marked, use the Term field (PLIOTR) to indicate the term length of the Interest Only options (in the number of months or days, depending on which radio button is marked). If Date is marked, use the Date field (PLIODT) to indicate the due month of the option.

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