Creditcrest LoanManager

Every account replayed to the cent, with the Code’s limits checked as it goes.

A ledger that tells the story.

Every balance replayed from its events: allocations, days past due, payout.

What you do here. Enter a loan’s terms and what happened to it, and read where the account stands: arrears, the payout figure and every allocation.

Run your own account Try it end to end Take the tour

You bring: A loan’s terms, and everything that happened to it
You get: The account replayed: allocations, days past due, payout
Holds the line: Days past due stay frozen while a hardship plan runs

In arrears as at 10 Jan 2027

31–60 days past due 40 days past due.

$1,094.99 owed

$1,094.99 outstanding.

$480.02 in arrears, 40 days past due — counted from the day after 1 Dec 2026, the oldest repayment not fully paid.

And $15.00 of fees charged to the account — not to a repayment — is unpaid. It is owed now, and it is not counted in the days past due, which run on repayments.

Part	Owed
Principal	$833.33
Establishment fee	$166.66
Monthly fee	$80.00
Interest	$0.00
Other fee	$0.00
Dishonour fee	$15.00
Collection fee	$0.00
Outstanding	$1,094.99

To pay it out on 10 Jan 2027

$1,094.99

What	Amount
Principal outstanding	$833.33
Establishment fee outstanding	$166.66
Monthly fee outstanding	$80.00
Dishonour fee outstanding	$15.00

Not in this figure: Monthly fees not yet charged. Section 31C forbids requiring or accepting a monthly fee for a month commencing after payout; a fee for a month that has commenced and not been charged is left for the lender to claim on its own reading of s 31A(1)(b).

What the Code says about these figures

The contract has been in default, so s 39B(1) is engaged: $1,335.00 has been charged against a ceiling of $2,000.00, leaving $665.00. 1 account-level fee does not say whether it is an enforcement expense, and it has been counted inside the ceiling — the reading that leaves less headroom.

National Credit Code s 39B(1) and (3)If there is a default in payment under a small amount credit contract, the credit provider in relation to the contract must not (whether by repayments under the contract or otherwise) recover more than twice the adjusted credit amount in relation to the contract. … This section does not apply to enforcement expenses.

The repayments

Scheduled is the instalment the contract sets. Owed so far is what the row is owed today: principal and the establishment fee from the start, and the parts charged on a due date — the monthly fee, interest — only once charged, and at what was actually charged, so a row not yet due shows less than its instalment. On an interest-bearing contract the scheduled interest is an estimate; the daily accrual is what is charged.

#	Due	Scheduled	Owed so far	Paid or satisfied	Unpaid	Status
1	1 Nov 2026	$240.01	$240.01	$240.01	$0.00	Paid
2	1 Dec 2026	$240.01	$240.01	$0.00	$240.01	Missed
3	1 Jan 2027	$240.01	$240.01	$0.00	$240.01	Missed
4	1 Feb 2027	$240.01	$200.01	$0.00	$200.01	Not yet due
5	1 Mar 2027	$240.01	$200.01	$0.00	$200.01	Not yet due
6	1 Apr 2027	$239.95	$199.95	$0.00	$199.95	Not yet due

The ledger

Every transaction in the order it was posted, with where each dollar went. Allocation order: oldest-due-fees-principal-v1.

Seq	Day	Transaction	Debit	Credit	Outstanding	Allocated to
1	1 Oct 2026	Advance The credit provided.	$1,000.00		$1,000.00	Principal charge $1,000.00
2	1 Oct 2026	Establishment fee Charged in full when the credit is advanced, and owed row by row as the schedule says.	$200.00		$1,200.00	#1 Establishment fee charge $33.34 #2 Establishment fee charge $33.34 #3 Establishment fee charge $33.34 #4 Establishment fee charge $33.34 #5 Establishment fee charge $33.34 #6 Establishment fee charge $33.30
3	1 Nov 2026	Monthly fee Monthly fee on repayment 1.	$40.00		$1,240.00	#1 Monthly fee charge $40.00
4	1 Nov 2026	Payment (p1)		$240.01	$999.99	#1 Monthly fee payment $40.00 #1 Establishment fee payment $33.34 #1 Principal payment $166.67
5	1 Dec 2026	Monthly fee Monthly fee on repayment 2.	$40.00		$1,039.99	#2 Monthly fee charge $40.00
6	1 Dec 2026	Payment (p2)		$240.01	$799.98	#2 Monthly fee payment $40.00 #2 Establishment fee payment $33.34 #2 Principal payment $166.67
7	3 Dec 2026	Reversal (r1) Dishonoured by the paying bank	$240.01		$1,039.99	#2 Monthly fee reversal $40.00 #2 Establishment fee reversal $33.34 #2 Principal reversal $166.67
8	3 Dec 2026	Dishonour fee (f1) Dishonour fee under the contract	$15.00		$1,054.99	f1 Dishonour fee charge $15.00
9	1 Jan 2027	Monthly fee Monthly fee on repayment 3.	$40.00		$1,094.99	#3 Monthly fee charge $40.00

The journal

The same transactions as balanced double entries, for the accountant — every entry balances

Seq	Account	Debit	Credit
1	Loans receivable — principal	$1,000.00
1	Cash at bank (clearing)		$1,000.00
2	Fees receivable	$33.34
2	Fee income		$33.34
2	Fees receivable	$33.34
2	Fee income		$33.34
2	Fees receivable	$33.34
2	Fee income		$33.34
2	Fees receivable	$33.34
2	Fee income		$33.34
2	Fees receivable	$33.34
2	Fee income		$33.34
2	Fees receivable	$33.30
2	Fee income		$33.30
3	Fees receivable	$40.00
3	Fee income		$40.00
4	Cash at bank (clearing)	$40.00
4	Fees receivable		$40.00
4	Cash at bank (clearing)	$33.34
4	Fees receivable		$33.34
4	Cash at bank (clearing)	$166.67
4	Loans receivable — principal		$166.67
5	Fees receivable	$40.00
5	Fee income		$40.00
6	Cash at bank (clearing)	$40.00
6	Fees receivable		$40.00
6	Cash at bank (clearing)	$33.34
6	Fees receivable		$33.34
6	Cash at bank (clearing)	$166.67
6	Loans receivable — principal		$166.67
7	Fees receivable	$40.00
7	Cash at bank (clearing)		$40.00
7	Fees receivable	$33.34
7	Cash at bank (clearing)		$33.34
7	Loans receivable — principal	$166.67
7	Cash at bank (clearing)		$166.67
8	Fees receivable	$15.00
8	Fee income		$15.00
9	Fees receivable	$40.00
9	Fee income		$40.00

Change the account

The contract

Account reference

Printed on the page and carried in the link, so a reference and not a person’s name.

The contract is

What Creditcrest Small Amount classified it as. It decides which provisions of the Code the ledger checks, so it is asked rather than guessed from the amount.

Credit provided

Dollars.

Contract entered into, and credit advanced, on

First repayment due on

Number of repayments

Repaid

Establishment fee

Dollars, charged when the credit is advanced and owed across the repayments.

Monthly fee

Dollars a month. The schedule carries one for each month commencing before the last repayment, counted from the day of entry, as s 31A(1)(b) runs them.

Annual percentage rate

Per cent a year; 30 means 30%. A medium amount contract only — interest accrues daily on the principal and is charged on each due date. On a small amount contract the Code forbids any, and none is charged.

Show the account as at

Left empty, the later of the last event and the last due date — not today, so that the same link shows the same account next month.

What happened to it One event a line

Each line is an id, a day, a kind of event, then an amount, a part or “of” an earlier id as the kind needs, and anything after a bar is the reason. The kinds: payment — Money received from the borrower. Needs an amount. fee — A default or other account-level fee charged. Needs an amount and a part: dishonourFee, collectionFee or otherFee. Not charged on a day a hardship request is pending. waiver — Part of a balance given up by the lender. Needs an amount, a part and a reason. A principal waiver may carry `hardshipRelief: true`; one given while an arrangement runs or a hardship request is pending is hardship relief unless it carries `hardshipRelief: false`. refund — Credit on the account paid back to the borrower. Needs an amount and a reason. reversal — An earlier event undone in full — a dishonoured payment, a fee charged in error. Needs `reverses`, the id of that event, and a reason. hardship-start — A hardship arrangement the lender agreed and recorded, starting this day. Needs a reason, the day it ends (`until`) and a fixed payment plan (`plan`). Days past due are frozen at the figure they stood at the day before it began. hardship-end — An arrangement ended before its end day — the plan broken, or the borrower back on their feet. Needs a reason. An arrangement that reaches its end day ends by itself, and days past due count on from the frozen figure the day after, if anything is still in arrears. hardship-notice — A hardship notice the borrower gave (Code s 72(1)). Needs `receivedOn`; `decidedOn` is null until the lender decides, and `notice` (or `acknowledgement`) ties a later decision to the notice. While it is pending — from receipt to the decision, 21 days after receipt or the day an arrangement starts, whichever is first — days past due are held, no fee the lender posts and no Additional Monthly Fee is charged. `on` defaults to `decidedOn`, else `receivedOn`.

p1 2026-11-01 payment 240.01 r1 2026-12-03 reversal of p1 | Dishonoured by the paying bank f1 2026-12-03 fee 15 dishonourFee | Dishonour fee w1 2026-12-10 waiver 15 dishonourFee | Waived: hardship h1 2027-01-05 hardship-start until 2027-04-05 plan 60 fortnightly | Hardship notice given by phone h2 2027-02-20 hardship-end | Back at work; contractual repayments resume

A long history is too long for an address: the same fields may be posted to this address, or sent as JSON to /v1/loanmanager/account.