Enter the limit amount, in the currency that you selected, for waived interest and fees. This is the total amount that you ...

Enter the limit amount, in the currency that you selected, for waived interest and fees. This is the total amount that you can waive for any customer. It includes all the interest and fees that have ever been waived. For example, you set a 100.00 limit for waiving interest and fees. You already waived 125.00 for one customer before the limit was set. The new limit will not affect any amounts that were waived in the past, but it will prevent you from waiving additional amounts because the limit has been reached. You can view all previous adjustments to interest notes for a customer by clicking History on the Collect tab on the All customers list page.
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