LOAN MANAGER – FAQ
Is it possible to issue a refund to a customer who overpaid, directly from Margill?
Q: Is it possible to issue a refund to a customer who overpaid, directly from Margill? A: Do you mean issuing a credit to the customer directly in Margill like when you do a pre-authorized debit with Perceptech / Acceo / Transphere (in Canada)? The answer is no with Perceptech / Transphere but with our […]
What’s criminal? Lenders beware – amendments to Criminal Code under Bill C-274
An Act to amend the Criminal Code Bill-C-274 (the Bill) entered first reading in the House of Commons on May 11, 2021. The Bill would amend1 the definitions of “criminal rate” and “interest” in subsection 347(2) of the Criminal Code, while also repealing section 347.1, which had allowed certain exceptions for payday loans. The Bill will be […]
In the Loan Manager, is it possible to change a payment date for all loans at the same time?
Q: In the Loan Manager, is it possible to change a payment date for all loans at the same time? For example, I want to change the date from March 26 to March 27? A: This can be done in batch but each date will have to be modified. You can do this for “Due […]