Loan Security
Loan Security
Introduced in Version 13
The actual security that will be given up in exchange for a loan is called a loan security.
If a consumer applies for a secured loan during the loan application process, some sort of security must be put up as collateral for the loan. Loan Security outlines the specific security that will be given up as collateral for a loan.
Go here: to access the list of Loan Security.
Home > Loan Management > Loan Security > Loan Security
1. Prerequisites
It is suggested that you first create the following before making and using a loan security:
- Loan Security Type
2. How to Create a Loan Security
Click New in the Loan Security list.
Choose the type of loan security.
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Loan Security Code: type it in.
the price of the loan security as of today.
Put "Unit of Measurement" in
Choose Save.