Sometimes you need to be able to adjust installment dates after the loan has been disbursed. LoanCirrus allows you to dynamically adjust the repayment dates on an active loan schedule.
While viewing the Loan Overview page.
Select the Tab marked PAYMENTS. Then click on the edit icon (pen) to the right of the date.
Select the new date and Update.
Note the following limitations:
- You cannot change a date for which a payment has been entered.
- You cannot change a date in the past.
- You cannot change the last installment date as that would change the term of the loan. If you wish to lengthen the term please consider the reschedule feature.