Navigation:  Loan Screens > Account Information Screen Group > Precomputed Loans Screen > Options field group >

Refund 360/360 at Payoff

Navigation:  Loan Screens > Account Information Screen Group > Precomputed Loans Screen > Options field group >

Refund 360/360 at Payoff

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Entry: User, checkbox

F/M: Yes

Mnemonic: LN7830

Screen: Loans > Account Information > Precomputed Loans screen

 

If this field is checked and the loan has Rebate Rule Days, the interest rebate will be refunded using a 360/360-day base.

 

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