Loan Account Features
Each loan account tracks the following key data:
- Credit limit, the original set for the account
- Original loan amount, the actual loan disbursed
- Outstanding loan amount, the current outstanding loan amount
- Outstanding interest amount, the current outstanding interest amount
- Account Status, for example active, inactive, matured, etc.
- Repayment Status, for example, good or in arrears
Updated almost 2 years ago