3304 Late Charge Percent Required

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If the Late Charge Type does not equal No Late Charge or a Flat Dollar Amount, then a Late Charge Percent is required.

1. Open the file in Point.

2. Select Forms > Truth-In-Lending (Reg Z) from the top menu.

3. Scroll to the Late Charge section.

4. Complete the % field for the percentage of the late payments to be charged.