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Loan Payment Information field group

Navigation:  Loans > Loan Screens > Account Information Screen Group > Consumer Line-of-Credit Screen > Payment Schedule tab >

Loan Payment Information field group

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Use this field group to view and edit loan payment information for the customer line-of-credit (LOC) loan account.

 

laicloc_loanpayment

 

To learn more about how LOC loans function, see the Line-of-Credit Loan Information help page. The fields in this field group are as follows:

 

Field

Description

Multiple Payment Applications

 

Mnemonic: LNMULP

Use this field to indicate whether the loan uses multiple payment applications on the payment schedule being created. See the Multiple Payment Applications field group to learn how this feature is implemented.

Use Payment Schedules

 

Mnemonic: LNPMSC

Use this field to indicate whether the loan uses payment schedules. This field must be marked in order to use this tab.

First Due Date

 

Mnemonic: LN1DUE

This field displays the first payment due date on the loan.

Loan Type

 

Mnemonic: LNTYPE

This field displays the loan's type as defined by your institution at origination.

Payment Type

 

Mnemonic: LNRLPT

This field displays the loan's payment type as defined by your institution at origination. See the Payment Type help page to learn more about the payment types available in this field.

P/I Payment

 

Mnemonic: LNPICN

This field displays the portion of the regular payment that is divided between the amount to interest and amount to principal. If the Payment Type is "2" or "4," this field will be the principal payment and will be the amount to principal only.

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