Description |
Loan Cap Billing Grace Period |
Type : Integer |
Definition |
Indicates the number of days since the loan interest is billed to be considered within"grace period" for loan interest in arrears payments. If payment is made within the grace period, it is effectively processed on the anniversary. If a loan repayment is received before loan interest is billed or after this grace period it would be considered a principal payment if it not accompanied by specific instructions from the payor. |
Parents |
LoanProvision |