Interest Deferral Permission

Use the Interest Deferral permission to specify whether users can defer interest on an account during the arrangement, as long as it meets the specified requirements.

Location

In the Latitude Permissions and Policies Editor window, expand the Arrangements folder and then click Interest Deferral.

Scope

This permission is available for all scopes.

Policy

This policy allows your organization to specify whether accounts permit interest deferral. Enable the permission for a scope and then specify the settings.

• Minimum Payments: Minimum number of payments to accept for interest deferment.

• Minimum Amount: Minimum payment amount to accept for interest deferment.

• Payment Methods: Payment methods allowed for interest deferment.