Organisation unit*
List
Select the organisation unit.
Loan type code*
List
Select the loan product that you want to use to create a loan contract.
Schedule type
List
This field is filled automatically once the loan product is selected.
Serving account
Click pencil sign
Select the loan serving account.
Interest rate type
List
This field is filled automatically once the loan product is selected.
Reference rate type
List
This field is filled automatically. It has value only if the loan product has a floating rate.
Interest rate*
Number
Enter the loan interest rate.
Default margin rate
Number
This field is filled automatically is applicable.
Margin rate*
Number
Enter the margin rate. This field is applicable only if the loan product has a floating rate.
Base rate
Number
This field is filled automatically if applicable.
Reference rate cap type
Text/Number
This field is filled automatically if applicable if the loan product has a floating rate.
Interest rate cap
Text/Number
This field is filled automatically if applicable if the loan product has a floating rate.
Contract amount*
Number
Enter the loan contract amount.
Loan period*
Number
Enter the loan period in months.
Score
Number
Enter the loan contract score.
Sale channel*
List
Enter the sale channel name.
Payment day*
Number
Enter the day in the month when the loan payment is made. The value should be from 1 to 28.
Monthly repayment amount*
Number
Enter the monthly repayment amount. Note: this parameter is available for instalment loan products or credit line products with a fixed repayment amount rule.
Monthly repayment rate*
Number
Enter the monthly repayment rate. Note: this field is available if the loan product is a credit line or a revolving credit line with the repayment amount rule = percentage of principal balance.
Max invoice amount
Number
Enter the maximum invoice amount. Note: this field is available if the loan product is a credit line or a revolving credit line with the repayment amount rule = percentage of principal balance.
Min invoice amount
Number
Enter the minimum invoice amount. Note: this field is available if the loan product is a credit line or a revolving credit line with the repayment amount rule = percentage of principal balance.
Payment free month
List
Select payment free month.
Repayment channel
List
Select the repayment channel from the list.
Campaign
List
Fee type
Text
The fee type. This field is filled up automatically.
Value*
Number
Enter the fee amount.
Amount calculation rule
Text
The amount calculation rule. This field is filled up automatically.
Booking rule
Text
The fee booking rule. This field is filled up automatically.
Repayment rule
Text
The fee repayment rule. This field is filled up automatically.
Payment Channel*
List
Select the payment channel.
Counterparty Name*
Text/Number
Enter the counterparty name.
Payment Amount*
Number
Enter the payment amount.
Payment reference number
Number/Text
Enter the payment reference number.
Details
Number/Text
Enter the payment details.
Select a campaign if it applies. Note: you can select multiple campaigns. See more about campaigns .
To manage loan contracts in the BackOffice, you can do the following:
You can create a new loan contract manually for a person:
Go to Persons > Search.
Click the Name to access the person details page.
From the content menu choose Loans > Loan contracts.
On the Loan contracts page, click Create.
Loans > Search > Contracts.
Click the Contract number to open the loan contract page.
Persons > Search and locate the person-borrower who has a loan contract.
Click the person Name to access the person details page.
From the content menu, select Loans > Loan contracts.
Click the Contract number to open the loan contract page.
Collateral > Assets.
Search for asset > click the Asset ID to access the asset details page.
Scroll to the Collateral agreement page > click the Credit contract to open the loan contract details.
Collateral > Search agreements.
Click the Agreement ID to access the collateral agreement details.
Scroll to the Collaterals section > Contract number.
Applies only if a borrower requested a secured loan.
To add a collateral to a loan contract:
Find the loan contract in question.
Click the Contract number to access the loan contract details.
From the content menu, choose Collateral.
On the Collaterals page, click the Create agreement button.
Blocking a loan contract prohibits loan disbursements. If loan disbursements need to be reactivated, unblock the loan contract.
To block a loan contract:
Find a loan contract in question.
Click the Block contract button.
Confirm your action.
To unblock a loan contract:
Find a loan contract in question.
Click the Unblock contract button.
Confirm your action.
If the borrower is not making the loan repayments, the loan is transferred to debt. You can terminate the loan contract by defaulting it.
To default on a loan contract:
Click the Default button.
You can close a loan contract only if all of the requirements are met.
To close a loan contract:
Find the loan contract in question.
Click the Close button.
Once the loan contract is closed, the Tuum system updates the loan contract details page and sets the Actual closing date parameter:
The contract reactivation allows reopening the closed contract to modify the loan contract settings. To reactivate the closed loan contract:
Find the loan contract in question.
Click the Reactivate button.
Select the Reason code:
Incorrect repayment - if there was an incorrect repayment,
Incorrect write-off - if the loan was closed incorrectly due to the borrower’s incapability to cover the loan charges.
Other - if there were other loan-related reasons.
Optionally enter the description and click Reactivate.
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Fill in > Save.
You can find loan contracts via via or modules. If a loan is related to a collateral asset, you can also find it via or via .
Follow the to create the collateral agreement.
in question.
