Add Payments to a Manual Loan

In Fairways Debt, the schedules of manual loans are not automatically processed by the platform, and therefore users should manually add payments to the transaction schedule.

 

Prerequisite

 

Navigate to the Debt & Derivatives Application
  1. Log in to your Fairways Debt account, e.g. https://login.financeactive.com/login.
  2. Select a customer account.
  3. Navigate to Applications > Debt & Derivatives.

 

Add Payments to the Transaction Schedule
  1. Navigate to Draft.
  2. Click a manual loan to open its profile.

DebtDerivatives_Draft_EN.png

  1. Scroll down to the transaction schedule.
  2. Click Edit.

DebtDerivatives_Draft_Transaction_EN.png

  1. Add payments.

Note: Add payments in the chronological order.

Tip: Right-click a row to edit it.

Payment_Edit_EN.png

Field

Description

Payment Date

Day of the payment.

Principal

Principal amount of the loan.

Interest

Interest amount paid.

Fees

Fee amount paid.

Payment Amount

Total amount paid, including the principal, interest, and fee paid.

Outstanding Balance

Aggregated amounts of all the remaining principal payments of the loan.

  1. Click Apply to add the payments.

Loan_Manual_Payment_Edit_EN.png

The transaction schedule updates.

DebtDerivatives_Draft_Transaction_Scheduled_EN.png

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