Settlement/Payment
    • 30 Mar 2023
    • 1 Minute to read
    • Contributors
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    Settlement/Payment

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    Article summary


    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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