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How to Add Collateral to a Loan Account
How to Add Collateral to a Loan Account
To add or modify collateral items to a loan account application when creating or editing a loan account application
When creating or editing a loan account application, navigate to and complete the collateral fields. Click Submit when done. See Loan Account Fields Collateral.
To add collateral items to a loan account application when viewing a loan account application
When viewing a loan account, click More and select Add collateral on the action bar.
- Select Collateral type from the list.
- Type the amount in the Amount field.
The amount is the value of the collateral item expressed in the same currency as the loan account's currency. - Type a description for the collateral item.
- Click Submit.
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