There are for types of steps:
Auto charge full amount: the charged amount covers all the payments due for the loan
Auto charge bad debt: the charged amount covers only the payments past due for the loan
Auto charge current installment: the charged amount covers all payments due for the current installment
Auto charge interest: the charged amount covers only the interest accrued and not paid for the previous and current installments
You can define:
The first step
The step that shall be taken upon the success of the first and every other step
The step that shall be taken upon the failure of the first and every other step
Time offset (minutes) between the end of one step and the beginning of the other step
To add the plan, please provide the list of steps to TurnKey Lender.
By default the plan is:
Auto charge full amount
If charging the full amount failed, wait for 10 minutes and auto charge interest
If attempt to charge interest succeeded, wait for 60 minutes, and auto charge the full amount once again
As you can see the plan is branched and branches go one into another:
The table must contain only one "root" instruction, i.e. the instruction such that has a NULL value for PrevInstruction_Id.
Example:
