Update Pricing Grid
You can change the pricing grid fee or margin ratchet that is defined in the product conditions.
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Update fee ratchet for a given facility or deal arrangement
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Update margin ratchet details for principal Interest, penal interest and commission at deal level
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Update pricing grid margin for principal & penal interest at drawdown level
Update Charge Definitions
Charges can be in the form of admin or new arrangements or withdrawal fees. Changing these fees defined at the product condition level refers to the updation of charge definitions.
Change Admin Fee
PUTUpdate administrative fee collected for the deal
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It is a common fee charged by lenders when you apply for a loan, it covers the costs of processing your application, including things like administrative costs, credit assessment, loan set-up and document preparation etc.