This is usually predicated by an event where a loan is disbursed to a user but the user for one reason or the other did not withdrawal the loan amount from their wallet. In situation like this, an admin can from the Lendsqr Admin Console reverse the user’s loan, the system usually checks to verify that the loan amount is still in the wallet and no part of it withdrawn. When an admin reverses a user’s loan, the loan status becomes reversed.
What does reversed loan status mean? Print
Modified on: Sat, 2 Mar, 2024 at 11:43 PM
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