Post an Interest Adjustment
You can adjust the interest amount due on the account when, for example, an amendment is made or a dealer converts in from another DMS.
- From the Account page, click the Transactions icon
and choose Post Interest Adjustment.
The Post Interest Adjustment pop-up window opens.
- Choose the Balance to Adjust, such as the primary loan.
- Choose whether you want to increase or decrease the interest.
- Type a Description and the Adjustment Amount.
- Choose a Reason Code.
- Click Post.
You receive a confirmation message and return to the Account page.