An option to apply late repayment fees on a

An option to apply late repayment fees on a revolving credit loans with total due payment: % total balance repayment

What: An option to apply late repayment fees on a revolving credit loan with repayment amount: total due payment as a % total balance repayment.

Why: Some organizations would like to charge late fees (flat or % or repayment principal amount) if the clients are not making payments on time.