Portfolio
Servicing and accruals
Interest, fees and penalties accrue daily using the selected base and day count convention. A payment is allocated by the product rule and recorded as a separate entry.
What is inside
- 01
Accrual base and day count convention are configured per product.
- 02
Due date shifting by the business calendar of the specific country.
- 03
Autopay with retry attempts when a charge is declined.
- 04
Daily recalculation of days past due by a dedicated background worker.
