Hope you can help me, We are having 4 problems with a project we are doing.
1) Change instalment date and amount:
Is it possible to change the value and date after a loan is active without doing a reschedule of the entire loan?
2) Undo Waive Charge Function:
We see no function to undo a waive charge. Is this correct? When will such an function be available in the future.
3) Can we do Partial Waive of a charge?:
Is it possible to partial waive a charge? Example, Service fee charge for 2 month period of 30.00 and 50.00 was payed, thus the 1st month is fully payed and 2nd months will be partial paid 20.00, so there will be 10.00 outstanding. Can this charge be waived? Thanks for your assistance.
4) Why would declining balance installments change from repayment on Sep 28th to 29th?
When creating a declining balance loan with variable installments checked, why would the installments be different when using dates after the 28th of a month from all the other days before?
When changing the loan product to not allow variable installments, both the 28th and 29th come to the exact same result.
What is the reason for this behaviour.
Thanks for your assistance.
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