How do I set up the number of days a user defaults in loan repayment before a guarantor is charged? : lendsqr

How do I set up the number of days a user defaults in loan repayment before a guarantor is charged? Print

Modified on: Sat, 2 Mar, 2024 at 11:22 PM

To set the loan amount multiple for a loan product, follow the steps below.

Login to the Lendsqr Admin Console with your admin credentials.
Click the Settings Icon in the top right corner
Select System Configurations under system settings
Select Loans Settings
From the settings, select the options that state “Guarantor Debit Wait Days”.
Input the value for the number of days you will want the loan to be past due before the guarantor account is charged.

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