Adding Entries to the Rate Table
Configure the
Application Processing Module to automatically assign interest rates to applications using the variables (such as base index rates and margin percentages) that you specify. You can create and define several interest rate table entries; however, you can only apply one rate per product.
- In the administration navigation pane, click Rates.
- Click Create.
- Enter a name or description for the rate table entry being added.
- Select a base index name for the entry.
- Enter a base index rate and margin percentage to add to the index rate for the entry and click Create. Click back to rates to view the new rate on the Rates page.