All loan types
Installment loan management software
Near-limitless payment options for every lending program
eCheckTrac's Installment Loan features allow you to provide your customers with near limitless payment options. Comprehensive administration lets you customize an unlimited number of consumer loan programs.
Key capabilities
- Support for both interest-bearing and precomputed loans
- Standard amortization, interest-only, or Rule of 78's
- Unlimited number of fully customizable installment loan programs
- Full use of eCheckTrac's comprehensive rules engine
- Alternate payment allocation techniques
- Alternate first payment dates
Plus 8 more features below.
Feature details
Everything included for Installment Loans
Support for both interest-bearing and precomputed loans
Standard amortization, interest-only, or Rule of 78's
Unlimited number of fully customizable installment loan programs
Full use of eCheckTrac's comprehensive rules engine
Alternate payment allocation techniques
Alternate first payment dates
Plug-in origination fee rules
Automatic odd-days interest management
Instant funding to debit cards
Detailed payment schedules
Custom documents (contracts, receipts, and more)
Automatic prepayment management
Support for CSO / CAB model
General ledger tracking (principal, NSF principal, interest, NSF interest, and more)
Explore other loan types
See Installment Loans in action
Schedule a free demo tailored to your product lines and state requirements.