Configurable delinquency aging intervals
In addition to the default aging set included in CL Loan, you can now define custom aging intervals for lending products.
If you are upgrading to CL Loan 2.3007, you must:
- Add the field Delinquency Aging Set to the Loan Product Layout, Amortization Based Loan Product Layout, and Line of Credit Layout of the Lending Product object. This is a lookup on the Delinquency Set that you create through the Servicing Configuration menu. Using this field, you can associate a delinquency set to the lending product.
- Add the field Delinquency Aging Interval to the required layouts of the CL Contract object, such as Loan Account Layout, Line of Credit Layout .
For information on adding a field to the page layout, refer to section Modify the Page Layout.