The Waterfall Center is a crucial feature in the Cascade debt management system. It provides a streamlined process for managing payments and ensures that funds are disbursed correctly according to the contract terms.
With the Waterfall Center, you can trust that payments will leave the collection account exactly as specified in the contract. This eliminates any confusion or disputes and provides a transparent and efficient way to handle payments.
In the Waterfall Center, some items are calculated automatically by Cascade, the debt management system, while others require input from the Borrower. This ensures accuracy and allows for customization based on the specific needs of your debt management facility.
By utilizing the Waterfall Center, you can have peace of mind knowing that your payments are being managed accurately and efficiently. It simplifies the process and removes any guesswork, allowing you to focus on other important aspects of your debt management strategy.
The Waterfall Center works with the Waterfall Templates.