How do you approach short term notes written one after the other? I have a series that are not done as refinances. But they started out being written for 30 day terms. The amounts have bounced around...50,000 followed by 30,000 and now followed by a one year line of credit for 70,000. The previous loan has been paid off just prior to the date the new one originates, so they are not paid directly with new loan proceeds. The payoff comes from the checking account, then a new loan advance goes into the checking account within a couple of days. Can I include all the loans on the CRA log? Because it looks like they are using the same funds over again, I'm inclined to just report the 70,000 which is how we handle our refinances.

Report the line of credit. It is not necessary to report advances against the credit line.

If you are making seperate loans for 30 day periods then you can report each of them, as long as they are indeed seperate notes. The renewal reporting then applies to each seperate note.