Apply Principal Payment to Loan via Phone Operator
These steps explain how to apply a principal payment to a loan via Phone Operator.
-
If an eReceipt appears after posting the transaction, have the member sign the signature pad. Then print and save the receipt.
-
Click the phone button at the top of your home screen.
-
Enter the member's account number on the Phone Operator Member Lookup screen.
-
Click the forward arrow.
-
You may need to click the forward arrow again to move past the Member Account Comments pop-up.
-
-
Select the sub-account from which the loan payment will be withdrawn in the list of sub-accounts on the Phone Operator account processing screen.
-
Click Transfer.
-
Enter the loan payment amount in the Transfer amount field on the Member Account Transfer (Phone Transfers) screen.
-
In the To account field, enter the account base and suffix of the account to which the member is making a loan payment.
-
Click the forward arrow.
-
From and To Account sections will then appear on the bottom half of the screen.
-
-
Check the Principal only box under the To Account section.
-
Click Post.