INTEREST RATE Enter the annual interest rate as a whole number.
MAXIMUM AMOUNT Enter the maximum loan amount for this interest rate.
| MINIMUM CODE | Either a '1' or a '2'; this defines how a refund is to be computed. A '1' says that the refund amount has a minimum dollar amount. A '2' says that the minimum is computed by using the annual percentage rate. |
| MINIMUM AMOUNT | If the MINIMUM CODE is a '1' then enter the dollar amount of the minimum in this field. |
NOTE THERE ARE TEN LINES IN THE INTEREST TABLE, IF ALL THE LINES ARE NOT NEEDED BE SURE TO ALWAYS HAVE ZEROS IN ALL THE UNUSED FIELDS.
| 21. CURRENT RATES AS OF | Enter the date that the current rates are valid. Any loans made on that day or past that date will use the Current Rates. |
| 22. MINIMUM LOAN | Enter the minimum loan amount for this particular store. |
| MAXIMUM LOAN | Enter the maximum loan amount that the store allows. |
| LOAN CENTS | Enter either a 'Y' or 'N' for yes or no this store allows loans with cents. |
| MODIFY RATE | This option will let the operator enter a different rate than the standard rate for a loan as it is being entered by the operator. |
| Alabama, settings | There are two fields displayed in the Alabama version. |
Grace Days – enter either Yes or No for allowing grace days for loans that are by month.
Loan extensions – are by either D = Days or M = Months