Adjust the Paid Interest of an Overdraft Facility

Fairways Debt enables you to follow movements of your overdraft facilities, drawings, and repayments, and also adjust the interest.

 

Log In to Fairways Debt
  1. Log in to Fairways Debt.
  2. Load the relevant customer account.

 

Open an Overdraft Facility Profile
  1. Click Portfolio.
  2. Click Overdraft Facilities.

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  1. Click the relevant overdraft facility.

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The selected overdraft facility displays.

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Adjust the Paid Interest of an Overdraft Facility
  1. Click Schedule.
  2. Click Adjust Paid Interest.

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  1. Complete the form with all relevant details.

Note: Fields marked with an asterisk * are mandatory.

Field

Description

Interest Index

Index of the interest.

Payment Date

Date of the payment to adjust.

Note: The amount to adjust displays depending on the selected payment date.

Amount

The current interest amount displays, enter the new amount.

  1. Click Save.

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The payment date is adjusted...

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... and the adjustment, applied to the payment schedule.

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