Settlement/Payment

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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)?