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Re: Finance Charge Due Date

From: Shawn Hogan
Date: Tuesday, December 31, 2002
Time: 3:28:28 pm

Matt Clark wrote:

> We run finance charges on the last day of the month. There is one issue
> regarding the due date.
>
> The due date is net 15 days, but this is misleading. It leads the customer to
> believe that the finance charge amount and the past due balance are not due
> for another 15 days.
>
> My question is this. Is there a way to default the finance charge due date to
> something different than the terms set for the customer? It would be great is
> the due date was the same day the finance charge was sent out.
>
> I would change all of these manually if I could, but some customers receive
> the finance charge via email prior to me being able to manipulate the due
> date.

The only thing I can think of is to stop setting the override due date, then
the due date is based on the customer's expiration date always...

- Shawn

----------------------------------
Shawn D. Hogan
President, Digital Point Solutions
http://www.digitalpoint.com
(858) 452-3696


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