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

Term Frequency

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

Term Frequency

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Entry: System, numeric

F/M: No

Mnemonic: BUFREQ

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

 

This is the payment frequency pulled from the Payment Frequency field on the Loans > Account Information > Payment Information screen or the maturity modifier (LNMATM) at monthend.

 

Appropriate payment frequency codes include the following:

 

CODEDESCRIPTION OF FREQUENCY CODE

 

1Monthly payment
2Bi-monthly payment (every 2 months)
3Quarterly payment (every 3 months)
4Payment every 4 months
6Semi-annual payment (every 6 months)
12Annual payment
26Bi-weekly (every 2 weeks)

 

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