Field

Description

Dealer Number

Mnemonic: MLLNUM

This field displays the dealer number of the dealer who sold this loan account. If you want to add or change the dealer number, type it in this field, then click <Lookup>. The name of the dealer will appear to the right of this field. The dealer information is set up on the Dealer System > Dealers screen.

Also see the Dealer Group Nbr field below for more information.

Dealer Group Nbr

Mnemonic: DLGPRN

This field displays the dealer group number connected to the Dealer Number (see above). This field is not file maintainable on this screen. See below for more information.

Dealer Group Nbr details

Before you can specify a dealer group number to a dealer number, you must complete the following steps:   1.Access the Dealer System > Options screen, and check the Use Dealer Group box in the Entities Used field group at the top of that screen. Note: If this box is not checked, you cannot assign dealer groups. 2.Click <Save Changes>. 3.Access the Loans > System Setup Screens. 4.Click the list icon and select "Dealer Groups" from the pop-up list. 5.Click <Create New> to create a new group category. 6.In the Group Number field on that screen, enter a new group number to assign to a group of accounts. You can choose any number from 0 to 9999. The number cannot have previously been set up on the system. 7.In the Description field, type a description for this group. You can assign any description that would identify that group of dealers. Examples of a group description could be "micro-loan dealer," "new car dealer," "used car dealer," "small motors dealer," etc. 8.Click <Save Changes>.   Now you can tie a dealer group number to a dealer number by completing the following steps:   1.Access the Dealer System > Dealers screen, and using the search fields at the top of the screen, search for the dealer you want to attach to a group. 2.Search and select the dealer you want to assign to a group, and the Dealer Group field underneath the list view will become file maintainable. You'll notice that the group numbers and descriptions you set up on the Dealer Groups screen (steps 3-8 above) appear in the Dealer Group field. 3.Select the group number you want to tie to this dealer from Dealer Group drop-down list. 4.Click <Save>.   Now when you access the Loans > Account Information > Dealer Information screen, the group number and description connected to the dealer number is displayed in the Dealer Group Nbr field, as shown in the following example.

Plan Number

Mnemonic: MLPNUM

This field displays the plan number and description of this loan account. Plan numbers are associated with particular dealers. If you want to add or change the plan number, type it in this field, then click <Lookup>. The description of the plan will appear to the right of this field. The plan information is set up on the Dealer System > Plans screen.

Product Number

Mnemonic: MLPRNB

This field displays the product number and description of this loan account. Product numbers are associated with particular dealers and the products they sell. If you want to add or change the product number, type it in this field, then click <Lookup>. The description of the product will appear to the right of this field. The product information is set up on the Dealer System > Products screen.

Product Type Number

Mnemonic: MLCATN

This field displays the product type number and description of this loan account. For each product type, you can assign loan plans to those product types. Examples of product types could include pools, motorcycle, snowmobile, golf car, etc. Product types are set up on the Dealer System > Product Types screen.

If you want to add or change the product type listed in this field, type the product type number in this field, then click <Lookup>. The description of the product type will appear to the right of this field.

Manufacturer Number

Mnemonic: MLMNUM

This field displays the manufacturer number and description of this loan account. Examples of manufacturers include Kawasaki, Honda, Seaswirl, etc. Manufacturer numbers are set up on the Dealer System > Manufacturers screen.

If you want to add or change the manufacturer listed in this field, type the manufacturer number in this field, then click <Lookup>. The description of the manufacturer will appear to the right of this field.

Distributor Number

Mnemonic: MLDNUM

This field displays the number of the distributor connected to this loan account. If this account was sold through a dealer, the distributor of the collateral item should be displayed in this field. A distributor could be any store where the product was sold, such as a boat store, engine store, big-box store, etc. Distributor numbers are pulled from the Dealer System > Distributors screen.

If you want to add or change the distributor listed in this field, type the distributor number in this field, then click <Lookup>. The description of the distributor will appear to the right of this field.

Dealer Reserve Capture

Mnemonic: LNLDRC

Check this box if your institution recaptures the dealer reserve in cases where the loan was sold off or canceled within a certain number of months. See below for more information.

Dealer Reserve Capture

In order to recapture dealer reserve, the dealer must be set up in the Dealer system with Dealer Plans that have dealer reserves, as shown below.   Dealer System > Plans Screen, then click <Participation/Rebates> button and set up the Dealer Reserve Information   Then the dealer must establish loans with that plan using GOLDTrak PC or eGOLDTrak. Once the loan is boarded and funded through GOLDTrak PC or eGOLDTrak, the system will pass over the Dealer Participation and Dealer Reserve Amount, if available (see below), and checkmark this field.   Important Note: Your GOLDPoint Systems account specialist needs to set up Institution Option DRDR with a numeric value to determine the months to recapture the dealer reserve. The system takes the option value and adds it to the funding date end-of-month to determine when to recapture. For example, if the open date is 05/16/2018 and the value in the field is 3, the system will recapture the reserve if the payoff is up through 08/30/2018.

Dealer Reserve Amount

Mnemonic: MLDRVA

This field displays the dealer reserve amount, if applicable. This amount is entered at the time the loan is boarded and funded from GOLDTrak PC or eGOLDTrak. The Dealer Reserve Amount is set up on each dealer plan in the Dealer system. Dealer reserve is the amount dealerships are allowed to add to the final interest rate on a loan as compensation for arranging the loan. Your institution can determine whether or not plans should have dealer reserves, whether to recapture the dealer reserve if the loan is paid off too early, and what amount or percentage to allow for the dealer reserve.

See Dealer Reserve Capture above for more information.

Dealer Participation

Mnemonic: M1CSPT

This is the percentage above the loan interest rate authorized by your institution for the dealer participation. The dealer keeps a portion or all of the dealer participation as compensation for securing the loan through your institution. See below for more information.

Dealer Participation details

This amount is entered at the time the loan is boarded and funded from GOLDTrak PC or eGOLDTrak. Dealer Participation is set up on each dealer plan in the Dealer system (Dealer System > Plans screen). Your institution can determine whether or not plans should have dealer participation and what amount or percentage to allow for the dealer participation.   See the following example of the Dealer System > Plan screen with dealer participation set up.   Dealer System > Plans Screen, then click <Participation/Rebates>