Statements

A statement is produced and maintained for billing cycle, both to calculate and track principal and interest amounts, and to provide a historic record of account activity.

• Statement Date, this can be a Product default or selected for the customer
• Start Date and End Date of the statement cycle
• Repayment Due Date
• Repayment Status
• Balance Close, the total amount due for the statement
• Total debits added, excluding fees and interest
• Total credits added in statement cycle
• Total fees added in statement cycle
• Total interest added in statement cycle