FLEX Loan Due Date Advances & Modifications

In response to customer requests related to the present health crisis, FLEX has enhanced the ability to advance loan due dates within the system.

This feature will allow you to Advance Loan Due Dates based on the followingFLEX Advance Loan Due Dates & Modifications Landing Page criteria:
  • Loan Type
  • Payment Type
  • Open/Closed End
  • Current Due Date (to/from)
  • Number of Frequencies
    • or Minimum Due Date
    • or Set Due Day to
  • Include Delinquent Loans (yes/no)
    • Grace Days

In addition to this enhanced capability, FLEX offers a Loan Modification Suite which will allow credit unions to perform:

  • These modifications may be performed on individual loans and/or specific loan types. Skip Payments
  • Reduce Payments
  • Interest Rate Modifications

FLEX Loan Due Date Advances & Modifications eGuide