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PayOff activity for Revolving Loan

  • sathishkmr03
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4 years 9 months ago - 4 years 9 months ago #22634 by sathishkmr03
PayOff activity for Revolving Loan was created by sathishkmr03
When proceeding Request Payoff and settling the issued payoff bill of a revolving loan, the loan status was not moved to "Pending Closure" status.

Please can anyone explain...

Note: There are no interest accruals or any pending amount to be paid.
Last edit: 4 years 9 months ago by sathishkmr03. Reason: Additional info

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4 years 9 months ago #22641 by sathishkmr03
Replied by sathishkmr03 on topic PayOff activity for Revolving Loan
This is APM parameter fix. Now, it's resolved.

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4 years 3 months ago #22968 by BW
Replied by BW on topic PayOff activity for Revolving Loan
Hi - by any chance were you loans changing to status Expired? If so, I am experiencing the same issue. Also, what is the APM Parameter? I cannot find it on the customer support portal of the PGM.FILE.

Thanks,

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