Payment Plan Elements + Their Definitions
Each payment plan includes the following elements:
| ement | Definition |
| Number of installments | # of monthly payments |
| Installment Amount | Payment amount to pay monthly |
| Payment Date | Day of month payment is due; this also refers to the auto-debit date |
| Plan Balance | Sum of bill amounts at the moment of origination |
| Visits on Plan | What visit(s) is the guarantor paying off with this plan |
| Plan Type | Manual or Auto |
| Payment Method (if Auto) | Credit Card or ACH payment method |
| Plan Status | Good Standing or Delinquent |