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Showing articles from base rate tag

Change Base Rate of Variable Interest Rate Loans

There are two ways to change a loan’s base rate: * Either _within the loan_; or * Processed _within a bulk action_ **Changing the Base Rate Within A Loan:** 1.Go to **Payments **> **Transactions **> Click **+Add** 2.Select **Transaction Type**: **Set Interest Rate** 3.Fill out all required fields and adjust …

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