IS-U Loans unscheduled payment

Industry Solutions (IS-B, IS-H, IS-Oil, IS-P, IS-Retail, IS-T, RIVA etc.)

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IS-U Loans unscheduled payment

Post by saurabhbh » Tue Oct 04, 2005 10:18 am

I am supporting an IS-U installation. I would like to know if it is possible to make an unschedued overpayment on a loan. The loan plan creates line items of fixed amount (for loan and interest) for the whole loan and I can't figure out how to apply the overpayment only to principle and adjust the installment plan.

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Re: IS-U Loans unscheduled payment

Post by murvaltt » Tue Jun 24, 2008 8:25 pm

Did you ever find out how to implement unschedued overpayment on a loan? Or does anyone know how this is managed in ISU?

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