Here you will find instructions on how to change the loan contract end date for an existing active loan contract using the BackOffice.
The loan contract end day is related to the loan period that is defined as the number of months before the loan is repaid.
To change the loan contract end date, you can create and activate a new loan contract version with a new loan period. To do that, you must take the following steps:
Before creating a new loan contract schedule with a new end date, confirm the new contract version conditions with the borrower.
To check a new repayments schedule:
Fill in the required fields > Save.
Click the Schedule options from the content menu and choose the draft version to check the repayments schedule.
Start creating the .
Find the loan contract in question:
Loans > Search > Contracts.
Fill in the search parameters > Search.
To access the loan contract details, click the loan Contract number.
Create a new contract version:
Go to the Contract tab > click the Change contract button.
Activate a new contract version:
Click the draft version to open it.
Click the Activate button.
> Create.
Click the sign on the Version tab to find a draft version.
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To change the loan contract end date, fill in the following parameters:
Contract change type - select the Change loan period value.
Change reason - select the loan contract change reason: OTHER.
New loan period - enter a new loan period in months.
Fee - enter the fee amount, if applicable.
Click Save and activate the contract version.
