INTEREST SCHEDULE AND TOTAL SCHEDULE(S) MAY NOT OVERLAP - FIS IBS Code Connect

Error Message:

INTEREST SCHEDULE AND TOTAL SCHEDULE(S) MAY NOT OVERLAP

Problem:
When there are multiple payment streams, Loan Payment Effective Date (LNPmtEffDte) + the number of monthly payments (LNNbrOfPayments), must not overlap between loans

Solution:
You must reduce the number of months the first payment stream used, so that the Loan Payment Effective Date + the Number of Months (payments) are less than or equal to the next payment stream’s effective date.

Ex. If a stream’s effective date was 22-07-01, with 36 monthly payments, any further streams that started before 25-07-01 would result in this error.