CP2 Screen |
  
|
Navigation: Loans > Loan Screens > Transactions Screen Group >
CP2 Screen |
|
Use the CP2 screen to help customers who are struggling to make loan payments. CP2 stands for "Current 2 Payment." Use this screen to set up special CP2 loan payment deferments or modify loan payments on a customer loan account (but not both at the same time). A manager's approval is required before either a deferment or a payment modification can be processed.
Note: This screen was programmed for one institution (378). Other institutions use other deferment transactions, as explained in the Deferment Transactions topic.
•Deferment settings are determined by your institution. These settings dictate how many deferments are allowed, which type of accounts are allowed deferments, and for what reasons they are allowed (holiday, hardship, bankruptcy proceedings, etc). Deferments can only be set up on this screen for precomputed (payment method 3) and interest-bearing (payment method 6) loans. See the Deferment Options help page for more information about enabling deferments and the Submitting Deferments help page for more information about processing them.
•Your institution determines which loans qualify for a modified payment schedule. See the Payment Schedule tab for more information. See the New Payment Recalculation help page to learn how to modify loan payments.
A valid Teller Number must be indicated (in the field at the bottom-right of this screen regardless of which tab is selected, mnemonic TLTLLR) in order to set up CP2 deferments, new payment recalculations, or modified payment schedules. Teller numbers are originally set up by your security administrator using the Security > Setup screen > Tellers tab.
Click to expand.
Most of the tabs on this screen are only visible if the necessary institution option is disabled. The potential tabs on this screen and their required disabled institution options (if applicable) are as follows:
Tab |
Institution Option |
|---|---|
|
|
The Comments field group appears at the bottom of this screen regardless of which tab is selected. Use the text box to indicate any necessary comments to accompany the Deferment or Payment Schedule being set up on this screen. The name of the most recent employee to edit the text box and the date the edit was performed appear in the Modified By and Date Modified fields to the right (mnemonics QHDESC, D1DTLM, D1EMPX).
The Collateral Detail field at the bottom of this screen displays the user-defined Collateral information entered on the Loans > Account Information > Account Detail screen.
See also:
Deferments on the EZPay screen
Loans > Account Information > Payment Information screen
Convert Precomputed To Simple (click <Run PC2IB Transaction> on this screen to run this transaction)
|
Record Identification: The fields on this screen are stored in the FPLN, FPD1, and FPP5 records (Loan Master, Loan CP2 Deferment, Payment Schedule). You can run reports for these records through GOLDMiner or GOLDWriter. See FPLN, FPD1, and FPP5 in the Mnemonic Dictionary for a list of all available fields in these records. Also see field descriptions in this help manual for mnemonics to include in reports. |
|---|
In order to use this screen, your institution must:
•Subscribe to it on the Security > Subscribe To Mini-Applications screen.
•Set up employees and/or profiles with either Inquire (read-only) or Maintain (edit) security for it on the CIM GOLD tab of the Security > Setup screen.
•Set up the desired field level security in the FPD1 record on the Field Level Security screen/tab. |
