Minimum Finance Charge Table

Access

Use this optional routine to create and maintain a table of minimum finance charge amounts based on financed amounts. The table is built in ascending financed amount order, with corresponding minimum charges that are applied to contracts in this jurisdiction.   

Financed AmountEnter the finance amount for which you are entering a corresponding minimum charge. If the amount being financed is equal to or greater than this amount, but less than the next higher amount in the table, the corresponding minimum charge is applied when finance charges are assessed in this jurisdiction.  

Minimum ChargeEnter the minimum amount that can be charged in this jurisdiction when finance charges are assessed on the corresponding finance amount.

DeleteTo delete a line from the table, click the Delete button and then click Yes when prompted to confirm deletion.