Navigation:  Teller System > Transactions > Loan Transactions > Loan Transaction Codes > Tran Code 0083, Add Delinquent Account Code

This transaction is automatically run by the system when a loan becomes delinquent. When this transaction is run, the system adds Action Code 194 (Credit Bureau Date of Occurrence) to the loan. When Action Code 194 is on a loan, it is reported to the credit repositories at monthend as a delinquent account. See Coding of Derogatory Credit Status in the Credit Reporting manual for more information.

 

Note that the removal of the action code is done by tran code 0022.

 

On rare occasions, you may need to manually run this transaction on an account. If so, the account must be considered delinquent. If it is not, you will receive the following error message after running the transaction:

 

 

The following is an example of this transaction in CIM GOLDTeller:

 

 

GOLDPoint Systems Only: Afterhours Update Function 73 (Automated Delinquency Action Code Update) should be set to "DAILY" to automatically add the delinquent account code. Update Function 82 (Update Delinquent Category) should also be set to DAILY.