To create an application for a particular loan product the first step is to ensure that the loan product is active. When creating the loan product select "Active" for the loan status as seen below:
If the desired loan product is inactive the user may update the status by:
- Locating the product in the product table seen here
- click "Edit" from the action menu provided
3. change the status to "Active"
to save this change.
Another method of updating the status of a loan product is to:
- Locate the product in the product table seen here
- Click "Activate" from the action menu provided
Once the loan product is "Active" it will become accessible for use in the first step of loan application process as seen below:
Select the loan product from the list and continue the loan application process as shown here.