Navigation:  Loans > Loan Screens > Account Information Screen Group > Consumer Line-of-Credit Screen > Line-of-Credit Loan Information > Payment Method 5 Processing

Update function 75 rolls the due date by one payment if the loan was billed (finance-charged) the previous night and had nothing due in either the Current Finance Charge or Prior Finance Charge fields (on the Loans > Account Information > Consumer Line-of-Credit screen), and the date of the last transaction and date of last activity equal the date of the finance charge. This will keep the loan due date in sequence with the next billing date.

 

 

Afterhours update function 75 only rolls the due date by one frequency; the 500 transaction will roll the due date to the due date connected to the next billing date.