Principal amount change in OC Loans App

In active contract it's possible to change Financing Rates, Financing Period and Principal Amount.

Steps to change Principal Amount in Active Contract:

Step no. 1 - find the contract, on which you want to change Principal Amount.

Step no. 2 - on Financing Card click on Home/Change Principal Wizard

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Step n. 3 - into field Change Principal Amount can be added positive (Technical Evaluation) or negative amount (Extraordinary Payment/Technical Depreciation). New Principal Amount is adjusted accordingly. Then click on Next and Finish.

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Follow up:

How to work with contract changes

How to change financing period

How to change financing rate

How to work with early termination

How to work with bulk changes