2020/05/26 - Refinance a Transaction

We have developed a new life cycle action for standard loans: transaction refinancing.

For example, you have an outstanding standard loan but a better rate comes up, so you may want to refinance that loan with a new one.

 

The refinancing form automatically fills out with the data of the loan being refinanced. You can, of course, edit this data.

Refinancing_Form_EN.png

 

The refinancing loan remains associated with the refinanced loan.

Refinancing_New_EN.png

 

The refinanced loan matures with two actions in its life cycle: the repayment and the refinancing.

Refinancing_Refinanced_EN.png

 

See Refinance a Transaction for more details.

Was this article helpful?
0 out of 0 found this helpful