Understanding Loan Schedules and How to Download Them
A loan schedule is a vital tool for both lenders and borrowers, offering a clear outline of repayment terms, including payment dates, amounts, and applicable interest. It helps borrowers plan finances effectively and ensures lenders can track repayments accurately. This promotes transparency, simplifies communication, and reduces misunderstandings.
How to Download a Loan Schedule
Wakandi makes it easy for admins to access loan schedules with a few simple steps:
- Open the Loan: Access the loan for which you need the schedule (You could either search the account number or search the client and click on the respective loan).
- Download the Schedule: Select the “Schedule” tab then click the “Download” button on the right and select the preferred format you wish to download “PDF, Excel, CSV.”
- Access and Share: The loan schedule will appear as shown below, ready to print or share via email.
