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Error: No Rate Schedules Exists for this Loan When Floating Rate By Date is Used (Doc ID 2674288.1)

Last updated on JUNE 09, 2021

Applies to:

Oracle Loans - Version 12.1.3 to 12.2 [Release 12.1 to 12.2]
Information in this document applies to any platform.

Symptoms

When changing the rate type on a loan to 'Floating by Date', the following error occurs:


No rate schedule exists for this Loan


Steps to Reproduce:

Responsibility: Loan Agent
Navigation
: Loans Dashboard

  1. Try to create a loan with a rate type of 'Floating by Date', or change an existing loan to 'Floating by Date'.

Cause

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In this Document
Symptoms
Cause
Solution


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