Frequently Asked Questions

For your convenience, we have separated frequently asked questions by groups of interest.

Downloading and installing

Q: When I try to install TSC - Loan Calculation Software, I get an error message stating that the setup file is corrupt, How do I install TSC - Loan Calculation Software?
A: That error message is a result of an incomplete download, try downloading the software again. (download page)

Q: How do I UN-install TSC - Loan Calculation Software?
A: An UN-installation program is included with every download. Instructions for UN-installing the program can be found here.

Q: How can I upgrade to the most recent version?
A: You can upgrade to the most recent version by downloading an update from one of the update pages.
    (Express Edition update page or Advanced Edition update page)

Q: Can we Install TSC-Loan Calculation Software on a network?
A: Yes, however each connecting machine will need to install a copy locally. All files created by TSC - Loan Calculation Software can be opened by other copies of the software.

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Registration

Q: How do I register the program?
A: To register TSC - Loan Calculation Software, you must first purchase a registration number. Next, start the program. If your demo period expired the registration window will automatically be displayed, otherwise select the help from the menubar and then click on the registration option. Fill in all information, if this copy is not for a company, simply reenter your name for the company field.

Q: I purchased the software, Where is my registration number?
A: The registration number is included with the sales receipt E-mail.

Q: I recently purchased a copy of TSC - Loan Calculation Software and I am having problems trying to register it. I keep getting an error saying "The registration number is invalid". How do I register my copy of the program?
A: Make sure that the software that you are trying to register is the correct edition. Registration numbers for the Advanced Edition will not work on the Express Edition.

Q: Can I use this registration number for multiple installed copies?
A: No, the licensing agreement that you agreed to, prohibits it.

 

Features

What is the difference between the versions?

 
Express Edition
Advance Edition
Loan calculation of the 4th missing parameter
Variable Interest Rate Calculation
Side-by-Side Loan Savings Calculator
Multiple Currency Support
Custom Logo
Detailed Loan Amortization Printout
New Version check/auto-update
Amortized Loan Details Preview
Loan Graphed Output Preview
 
Multiple Calculation Methods
Multiple Compounding Periods
Payment Coupon Printouts
Late Payment Calculation (for coupon printouts)
Detailed Customer information
Customer Database

 

Q: I do not see my currency symbol as an option. Is there a way of requesting a custom currency symbol?
A: Yes, if your currency symbol is not dispalyed as an option in the program settings, E-mail us and we will be sure to add it in the next release.

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Advanced Edition Features

Q: Is there a way to modify how many coupons per page on the coupon printouts?
A: no, not at this time. There are plans for modification in future releases.

Q: Is there any specific stationary that the coupons are to be printed on?
A: No, the initial design of the coupon printouts was merly designed around the availble space. Future release will add customization of the coupon printouts.

Q: Is there a way to compute exact interest per the payment date and not the due date?
A: No, not at this time. possible future release may contain this.

Q: What is the difference between ARP and Interest rate?
A: The interest rate is the interest rate used in the calculation, however the ARP is the effective annual percentage rate for the loan depending on your calculation methods. The ARP is an effective way of comparing two different loans from different lending institutions. The ARP is calculated per Regulation Z appendix J.

Q: What is PIR?
A: PIR stands for Periodic Interest rate or better yet the Interest amount charged on the principal for that payment period. The PIR that is displayed on the Loan Information screen is the average PIR of the loan.

 

 

 

 

 

 

 

 

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