I see this has been on the message board a bit but i am still a little unclear. I have a deferred student loan which i was tracking in a liability account. as i am ready to start repaying i wanted to set up a transfer from that account into a loan account to reflect that the loan will now be active and payments will be made. However I cannot seem to get the loan terms to work. I tried entering the loan amount as zero, transferring the money and then changing repayment details but it keeps saying the loan balance is zero and that the changes are in the future. Is there an easy way of getting around this?

I think the problem is related to the date of the transfer vs. the effective date of the changes. The effective date may have to be at least one day after the transfer.
--
Chris Cowles
Gainesville, FL

Where can a person go, when he is having problems in repaying his loan? Now tell me how to solve this problem. I went to many so that I can shape my loan repayment but could't find a suitable way. Any advice please?