Intro to LoanPro Calculations

Complexity:       Audience: Loan Servicers or Collectors, Upper Management, Developers, Accounting, Loan Servicing/Colle

Amortized Loan Overview

An Overview of How Amortized Loans Typically Work Most people are familiar with some of the jargon associated with givin

Zero Principal Balance

Complexity:       Audience: Loan Servicers or Collectors, Upper Management, Loan Servicing/Collections Managers, Adminis

Typical Lease Calculation

Introduction A lease is a payment to cover the rental and depreciation of an asset that is being used by the lessee. Lea

APR

Introduction An Annual Percentage Rate (APR) is a metric used to compare different loans. The APR is a percentage tellin

Calculating Discounts

Complexity:           Audience: Loan Servicer or Collector, Upper Management, Loan Servicing/Collections Managers, Accou

Custom holiday schedule configuration

Banks do not process payments on bank holidays, which can delay the confirmation of payment success or failure by severa