FLEX Loan Advance Due Date & Modifications

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 following

FLEX 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