Establishing a Quick Quote

Complete the following steps to establish a Quick Quote document to an existing account.

1. Select Loans > Quick Quote.
2. Enter new information as necessary after reviewing the defaults in the Payment Frequency, Payment Code, and Interest Base fields.
3. Enter information in the Loan Proceeds, Amortization Payments, and Interest Rate fields.
   Note The system cannot calculate a quick quote when the Loan Proceeds, Amortization Payments, and Interest Rate fields are blank.
4. Enter information in the Payment Amount, Balloon Term, Maturity Date, Financed Fees, APR Fees, and Insurance fields, as required.
   Note The Insurance drop-down menu displays the insurance information as contained in the same screen under calculation of the loan terms.
5. Select the button.
   Tip The up and down arrows next to the Interest Rate and Amortization Payments fields are quick keys to increase or decrease the fields. incrementally.
   The payment information appears.