Navigation:  Credit Reporting  > Credit Reporting Screen > Credit Reporting & Loan Information tab >

Special Payment Indicator

Navigation:  Credit Reporting  > Credit Reporting Screen > Credit Reporting & Loan Information tab >

Special Payment Indicator

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Entry: User, list box

F/M: Yes

Mnemonic: BUSPPI

Screen: Loans > Credit Reporting > Credit Reporting & Loan Information tab

 

The special payment indicator identifies special payment terms, such as balloons or single payment loans. If the loan is coded with a maturity modifier of 1 (balloon) or 2 (single payment) or an action code of 1 (balloon) or 18 (single payment), "1" will be placed in this field when the screen is updated each monthend. File maintenance to this field writes to loan history.

 

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