Navigation:  Bankruptcy Information Screen > Account Information tab > Rate Information field group > Accrual Rate

Entry: System, numeric

F/M: No

Mnemonic: LNRATE, LNAMRT, LNLRAT

 

This is the applicable interest rate depending on the loan fields:

 

•If the loan uses payment method 0, 5, 6, 9, or 10, this field is LNRATE.

 

•If it is payment method 7, or payment method 6 with the Use Arm Fields option marked, it is LNAMRT.

 

•If the LIP method code is 1 or 101, it is LNLRAT.