CU*BASE is certified by CUNA Mutual for both loan amortization and premium posting. We can support CRI insurance packages for consumer installment loans. This means CRI does not calculate balloon or single payment loans with the calculation supported by CUNA specifications.

 

The member's age may also be a factor. CRI uses age at loan issue through out the term, even if the member passes the insurance age limit. CUNA ceases the coverage.

 

But don't despair - CRI can supply you with a PC loan calculator to use their calculations in these instances. CU*BASE will allow an over-ride to the loan amortization parameters.