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Loan Channel

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Notes

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

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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