For whatever it's
worth ... I would not bother attempting to activate any loan or mortgage
account for downloading. (Not discussing
LOC or HELOC accounts here)
loan or mortgage account does NOT have a transaction register. All data shown
in the account come from whatever information the bank downloads to you ... if
this process works at all.
As a result of being
connected, the scheduled payment transaction reminder cannot transfer the
amount of principal paid into the (non existent) account register and must use
a category, usually something like Loan:Principal, instead.
Quicken Windows 2018+ you can deactivate
an online-connected loan account and regain full control over your transaction
register. However, you should still
review the Scheduled Reminder (or Memorized Payee List entry) associated with
the monthly loan payments to ensure they now transfer Principal to the loan
account register and not a Category.
Users of Quicken
2017 and older:
If you want to have full control over both the loan account register and the
payment transactions you need to set up your loan account as a "manual
loan account" and use the Scheduled Reminder created by the setup process
to record your payment transaction on or before the due date.
If you have already
established a connected loan account and are having problems with it please
take a look at this:
How to convert back to a manual loan