Allows you to enter the applicable value to describe when the monthly interest rate
adjustment will occur.
- First of the Month: The interest adjustment day is the first day of the month.
- Payment Date: The interest adjustment day is the scheduled payment date.
- Day Following Payment Date: The interest adjustment day is the day following each
scheduled payment date.
- Days From End of Billing Cycle Date: The interest adjustment day is "x" days from the
end of the billing cycle. The number of days will be entered in data entry for the Note.
- Days From Day Following End of Billing Cycle Date: The interest adjustment day is "x"
days from the day following the end of the billing cycle. The number of days will be entered in
data entry for the Note.