System Allows Loan Disbursement Amount to be More than the Loan Approved Amount
(Doc ID 1592154.1)
Last updated on FEBRUARY 14, 2019
Applies to:
Oracle Loans - Version 12.1.3 and later Information in this document applies to any platform.
Symptoms
When creating adjustments on Direct Loans, the system allows the disbursed amount to be greater than the loan approved amount. The system will error, but allows the user to bypass the error.
Loan amount cannot be less than already disbursed amount
Steps to Reproduce:
Responsibility: Loan Agent Navigation: Dashboard
Create a Direct Loan with Loan Amount = 10,000, Funded Amount = 5,000
Add a negative adjustment to the Loan, for -3000. Loan Amount is now 7,000
The system now allows a new disbursement to be added for 3000, which makes the total disbursed 8,000, which is more than the loan amount
Changes
Cause
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