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They provide so many fields to store all the information you will need about a loan.
The system takes a while to learn, and even when you learn it, sometimes making changes can be cumbersome since you have to go thru so many steps. The reports that came with the system didn't work for us, so we just use it to input data and pull reports from a data warehouse. Sometimes when we had things that needed to be fixed we would be charged even if it was a problem with the software itself.
It's great if you have simple loans and a similar set up for each one. Our needs are pretty complex so we had to have a lot of changes made. When testing out the software, make sure it provides what you are looking for, because any changes will be charged.
We were finally able to have all of our loans in a software and use that data to pull reports. While we do use a data warehouse, we still have managed to go from taking 2-3 weeks to do reports to taking a few hours. Loans for .net also helps us organize the information we need to see on our borrowers and their payment histories.