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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Amortization Pro is a specialized software designed for Windows that facilitates the creation, modification, storage, retrieval, printing, and exporting of comprehensive loan amortization schedules. Users have the ability to compute principal and interest payments, incorporate additional principal payments, modify interest rates, and adjust the dates and amounts of individual payments. Furthermore, it allows for the creation of balloon balances, a review of annual totals and charts, and the option to export schedules in CSV format. This versatile software caters to various financial needs, including mortgages, private loans, seller financing, installment loans, business loans, and other repayment plans. Offered as a Windows desktop application, Amortization Pro comes with a one-time license fee of $25 and provides a free evaluation version for potential users to test its features. Overall, the software is an invaluable tool for anyone needing detailed management of loan repayment schedules.

Description

When loans become problematic, managing and recovering them can prove to be quite difficult. Although they may be sidelined in your financial records, they remain a crucial aspect of your overall financial health. The Charge-off Loan Tracker (COLT) simplifies the process of handling these troublesome loans. Since 1987, COLT has been a vital tool for financial institutions seeking to manage and recover charge-offs effectively. Its user-friendly interface will leave you impressed, as it seamlessly tracks outstanding balances while calculating interest, adjusts to new payment conditions, produces board reports, and more. If there’s a possibility of recovery, COLT equips you with the necessary tools to pursue it. By streamlining the management of bad loans, COLT allows you to focus your energy on more lucrative opportunities. It offers comprehensive tracking for principal, interest, and fees, supports various accrual methods, and employs transaction-based accounting. Additionally, it provides adaptable repayment terms, borrower invoicing, and correspondence, while also ensuring complete shadow accounting. With features like automated 1099-Cs that interface with the IRS, a documented audit trail, and a powerful reporting engine, COLT is the solution you need for effective loan management. In short, utilizing COLT not only enhances your collection efforts but also significantly improves your financial efficiency.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

Integrations

ASC No 
BAM+ No 
Experian Aperture Data Studio No 
FIS Telephone Banking No 
Fiserv Engagement Advantage No 
Fiserv Mortgage Director No 
Loan Producer No 
LoanServ No 
OpenClose No 
Wolters Kluwer Passport No 

Integrations

ASC Yes 
BAM+ Yes 
Experian Aperture Data Studio Yes 
FIS Telephone Banking Yes 
Fiserv Engagement Advantage Yes 
Fiserv Mortgage Director Yes 
Loan Producer Yes 
LoanServ Yes 
OpenClose Yes 
Wolters Kluwer Passport Yes 

Pricing Details

$25 one-time
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Power Of Interest

Founded

1999

Country

United States

Website

www.powerofinterest.com

Vendor Details

Company Name

Lowenstein and Associates

Founded

1986

Country

United States

Website

laapc.com/charge-off-loantracker/

Product Features

Product Features

Loan Servicing

Accounting Management No 
Amortization Schedule No 
Application Management No 
Auto Loans Yes 
Automatic Funds Distribution No 
Business Loans Yes 
Collateral Tracking No 
Collections Management Yes 
Compliance Management No 
Construction Loans Yes 
Customer Database No 
Fee Management No 
Investor Management No 
Loan Processing No 
Student Loans Yes 

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