Moneylender Forums

The AutoPay system isn’t perfect yet. It’s still in beta, and I’m going to do a complete overhaul once I get the back-end stuff with the bank ironed out. Here’s all the things to consider at the end of a loan with AutoPay in its current form. AutoPay will stop scheduling recurring payments when the ...

I closed out a paid-off loan this month but I see there is still a draft that took place after the loan was closed. What did I do wrong there?

Looking at the doc, I agree. I'll add a checkbox, edit the logic in the payment section accordingly, and post back here when I've released an update (sometime tomorrow).

Hmmmm... There's a setting to pay regular payment before fees in the Loan Settings, but it'll always pay the escrow due first.

Do I need to add another checkbox to pay regular payment before escrow? Checking both would then put the scheduled P&I ahead of both the escrow and the fees.

The report column is SummaryOfFinancesRecord:FinalPaymentDate. Add that to the report. If you want to limit the report to only loans that are maturing before the end of the report date range add a filter for FinalPaymentDate LessOrEqual 0: reportfilter.jpg When filtering on a date column, the value ...

What’s the trick for generating a report that shows loans maturing in 30 days etc.

Thanks

Also, this page of the website:
https://moneylenderprofessional.com/mon ... icing.aspx

The API allows Moneylender Users to programmatically read and write almost all the data in Moneylender, as well as generate payoff quotes and send statement emails. Things like retrieving account information (to display to a borrower on a website, for example) or adding payments to loans (to update ...

Please explain in details what is the purpose and use of this API addition.?
Does it allow for company website to integrate with Money Lender Pro 3 loan engine? And if so, What is the charge for assistance? I am not quite sure how best to use this feature.

Hi Mark! After setting up the loan like a normal amortized loan, go to the Settings tab > Loan Settings. Change the Loan Engine at the top to "Explicit Amortization for Chronic Underpayment" and click Save. When the loan is on time, it behaves the same as the Amortized loan engine. If the ...