Periodic Fees

Periodic Fees are posted to the customer's loan accounts on a routine basis (typically, weekly, monthly, bi-weekly, semi-monthly, monthly, bi-monthly, quarterly, semi-annually, annually, or on a single payment basis). This fee is applied for specific dates.

For more information on creating the periodic fees and setting up the periodic fees, refer to the section Periodic Fees, in the CL Loan User Guide.