Recurring Charge Values

Introduction

This article lists the recurring charges collections values that are available in the API. For more information on collection values, take a look at our Enumerated Values Index article.

Charge Recurring Calculation (charge.recurring.calculation)

ValueDescription
charge.recurring.calculation.contingencyThis lets you set the amount of recurring fees based on the range of different loan numbers (payment amount).
charge.recurring.calculation.fixedThe fixed amount on a payment that stays consistent, never changes.
charge.recurring.calculation.percentageThis is the added percentage based off of what bracket you choose (contingency, fixed, percentage).

Charge Recurring Event (charge.recurring.event)

ValueDescription
charge.recurring.event.changeduedateThis means that the due date is being changed.
charge.recurring.event.loanactivationThis means the loan was activated on an account.
charge.recurring.event.loanmodificationThis is making loan modifications, changing the terms of a loan.
charge.recurring.event.originationThis is the loan origination on an account.
charge.recurring.event.paymentreversalThis is reversing a payment on an account.

Charge Recurring Percentage Base (charge.recurring.percentagebase)

ValueDescription
charge.recurring.percentagebase.apdThe amount on a loan that is past due on payments.
charge.recurring.percentagebase.cpbThis is the current principal balance on the payment.
charge.recurring.percentagebase.ndaThis is the next due amount on the loan.
charge.recurring.percentagebase.npaThis is the next scheduled payment amount on the account.
charge.recurring.percentagebase.olaThis is the original total loan amount.

Charge Types (charge.types)

ValueDescription
charge.types.convenienceThis is the convenience fee on the loan.
charge.types.lateThis is the late fee charge on an account.
charge.types.nsfThis is the next scheduled fee on the loan.
charge.types.otherThis is any other fees on an account.
charge.types.repossessionThis is the repossession fee on a loan.