21 docs tagged with "Credit"

Get started with the Highnote platform for card issuance, payment acquiring, credit, and real-time money movement.

Monitor and manage account delinquency status, receivables, and collections. Track days delinquent, suspend authorizations, and process charge-offs.

Create installment credit plans to convert cleared transactions into fixed payment schedules. Define transaction eligibility, attach fee schedules, and manage installment agreements.

Make collaborative underwriting decisions on credit applications with Highnote. Approve, deny, or extend alternative offers like secured cards to applicants.

Create commercial revolving credit card products. Onboard business account holders, open applications, set credit limits, issue cards, and generate statements.

Create consumer revolving credit card products. Onboard account holders, open applications, set credit limits, issue cards, schedule repayments, and generate statements.

Offer secured card products as an alternative to unsecured cards. Collect deposits, transfer funds, and return deposits when account holders graduate to unsecured credit.

Report account holder credit history and repayments to credit bureaus through Bloom Credit integration.

Track your consumer credit card portfolio with point-in-time snapshots of account status, delinquency, credit limits, utilization, and charge-off information.

Configure credit plans for revolving credit and installment (BNPL) products. Offer purchase plans, installment agreements, and balance transfer options to account holders.

Generate and deliver prepaid card statements with up to 24 months of history. View remaining fund balance, period dates, and statement entries.

Generate and deliver revolving consumer credit billing statements. View amount due, payment dates, statement entries, interest charges, and pay-off warnings.

Look up variable interest rates for credit card products based on the Wall Street Journal (WSJ) Prime Rate. View rates on credit plans, applications, and financial accounts, and waive interest on transfer events.

Set up recurring and one-time ACH repayment schedules for credit account holders. Cancel, modify, and monitor scheduled payment status.

Apply SCRA and MLA protections for active-duty service members including interest rate caps and fee restrictions. Verify military status for account holders.

Set initial credit limits and create credit limit change requests. Approve or deny increases and decreases with underwriting decisions and adverse action reasons.

Simulate account delinquency scenarios in the Test environment. Age accounts backward, trigger delinquency attributes, and test charge-off at 180+ days.

Simulate billing statement cycles in the Test environment by shifting end periods and rolling over to the next billing cycle.

Simulate ACH repayment workflows in the Test environment. Create test payments, update transfer statuses, and verify ledger impact.

Simulate underwriting decisions in the Test environment including credit line assignment, application denial, credit report freezes, fraud alerts, and MLA eligibility.

Create purchase credit plans for standard revolving credit. Define APR, credit limit usage, and payment terms using credit plan templates.