Navigation:  Loan Screens > Account Information Screen Group > Payment Information Screen > Loan Information tab > Last Day

Entry: User, checkbox

F/M: Yes

Mnemonic: LNLAST

Screen: Loans > Account Information > Payment Information > Loan Information tab

 

Check this box if this borrower wants to use the last day of the month, rather than the fourth occurrence of the day of the week of the month, as the loan payment Due Date. This option is only available for Floating frequencies (13).