TurnKey Lender supports automatic charging. When it is set up, all the regular payments, defined in the loan schedule (Payments tab) will be automatically charged from the client's default bank account or card (Bank details tab).

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For each transaction, its status, suspension start and end date, amount, and the user who has performed the last action on the transaction are displayed.

Available Statuses:

	Pre-active: suspension Suspension start date is in the future
	Payment is suspended (the suspension period has started) but Suspension start date is today or in the past and the end date is still in the future
	RemovedSuspension is removed
	Suspension period is over end date is in the past, the suspension wasn't removed but for some reason wasn’t aplied

Manage Suspended Transactions

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Please note that suspension doesn’t affect the mandatority mandatorness of payment being made, fees, interests, fines, etc. It is just about not using automatic charging to perform the payment. It still can and shall be performed by any other means.

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