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Within a user profile, the Settlement/Payment Section comprises fields that are specific to the users settlement and payment preferences.
- User Settlement / Payment selections are subordinate to the Client Settlement / Payment options
- If an option (field) in the Client Settlement / Payment section is populated for Client Accounts being worked, any data populated in the same option (field) for the User Settlement / Payment section will be ignored
Fields
The fields in this section are:
- Min Settlement
- What is the minimum percentage an account can be settled for?
- Min Settlement Amount
- What is the minimum amount an account can be settled for?
- Max Number of Days of Payment Plan
- How many days can the consumer take to complete the payment plan?
- Max Number of Payments
- How many payments can the consumer make to pay off the account?
- Min Payment Amount
- What is the smallest payment the consumer can make?
- Min Down Payment Percent
- What is the minimum percentage that can be taken as a down payment?
- Max Days Out Plan Start Date
- How soon must the plan start (maximum days from today)?
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