Loans in Arrears
When a loan goes into default, the system changes the loan status from "Open" to "Arrears." The loan details will then display two new fields: "Amount in Arrears" and "Days in Arrears."
When a loan goes into default, the system changes the loan status from "Open" to "Arrears." The loan details will then display two new fields: "Amount in Arrears" and "Days in Arrears."