Contract version content sections
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Last updated
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Once you select a content section, it appears in the contract version view.
Version Details: Information about the loan contract version, including its status, origination, and relevant dates. It also includes a list of Version Changes, specifying the loan contract change type used to create the version and any additional changes. Activation fee bookings are added based on the version change types.
Version conditions: Loan version contract conditions, including the contract and net amount, APR and schedule.
Contract limit: Loan contract limit amount and limit usage date.
Contract period: Initial and remaining number of payments and loan contract end date.
Disbursement rules: Details of the loan contract disbursement rules. This section is available only if the loan product has associated disbursement rules.
Repayment conditions: Monthly repayment amount and repayment frequency.
Interest: Information about interest conditions, including rates, rate type, calculation method.
Commitment fee: Information about the commitment fee (interest on the available limit). This section is available only if the commitment fee is activated for the loan product.
Fees: Fee information.
Penalty conditions: Details about the penalty type, rate and calculation method. This section is available only if penalty components are added to the loan contract.
Activation Fee Bookings: Activation fee bookings related to the contract version. These bookings can be added to the contract version only if at least one of the change types listed in Version Changes is linked to an activation fee in the loan product configuration (i.e., a fee component with a fee booking rule set at activation). Note: you can modify the activation fee bookings, by clicking the change icon.
