Loan contract page

The loan contract page displays loan contract details and provides options for managing loan contracts.

You can access the loan contract page via Loans or Person modules. If a loan is related to a collateral asset, you can also find it via Assets page or via Collateral agreement page.

via Loans

1. Loans > Search > Contracts.

2. Click the Contract number to open the loan contract page.

via Persons

1. Persons > Search and locate the person-borrower who has a loan contract.

2. Click the person Name to access the person details page.

3. From the content menu, select Loans > Loan contracts.

4. Click the Contract number to open the loan contract page.

via Asset

1. Collateral > Assets.

2. Search for asset > click the Asset ID to access the asset details page.

3. Scroll to the Collateral agreement page > click the Credit contract to open the loan contract details.

via Collateral agreement

1. Collateral > Search agreements.

2. Click the Agreement ID to access the collateral agreement details.

3. Scroll to the Collaterals section > Contract number.

Contract details and contract version

At the top of the loan contract page there are two tabs:

• Contract Details: Displays information about the current contract version. It also allows viewing details of previous versions, including balances and aspects affecting the loan contract, such as interest rate reference changes.

• Contract Versions: Displays details about all existing contract versions.

When clicking the Versions tab, you can choose which version you would like to open.

Content sidebar

The content sidebar is located on the right-hand side and consists of:

• Action Buttons: Loan contract management options.

• Content Sections: Loan contract sections that you can select or deselect to customise the Loan Contract view.

Action buttons

The action buttons define the loan contract management options.

The availability of action buttons depends on the loan contract status. Note that loan contract versions also include action buttons, which are determined by the version status.

Action buttons description

• Change contract - to create a new contract version. The available types of changes depend on the loan product configuration and loan group setup. These include:

  • Change limit,

  • Change fee conditions,

  • Change interest rate,

  • Change monthly repayment amount,

  • Change repayment conditions,

  • Customise schedule,

  • Payment free months,

  • Change loan period.

• Create Top-up version - to create a new top-up contract version.

• Block contract - to block the contract.

• Unblock contract - to unblock the contract.

• Close contract - to close the loan contract.

• Default contract - to default the loan contract if the borrowed did not complete the financial agreements.