Navigation:  Loan Screens > Credit Reporting  > Credit Reporting Screen > Credit Reporting & Loan Information tab > High or original amount

Entry: User, numeric

F/M: Yes

Mnemonic: BUHOAM

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

 

The system updates this field each time the monthend Credit Reporting Update program runs. This field is included in the Base Segment (Field 12) of the Credit Reporting Report and Transmission (FPSRP184), which is sent to credit repositories each month. You should not make changes to this field after the transmission has been sent. If you do make changes after the transmission is sent for the month, the changes will not keep, because the Credit Reporting Update will overwrite your changes with new information the next month it is run.

 

Information in this field is reported in the Highest Credit or Original Loan Amount field in the Base Segment (Field 12) of the report and transmission (FPSRP184). The system pulls different information for this field depending on what type of payment method the account is.

 

•The system uses the highest balance field (LNRLHB), if the loan is a line-of-credit (payment method 5) account. The Teller system looks at the loan balance each time an account is updated. If the loan principal balance is higher than the amount in LNRLHB, then when the system updates, the LNPBAL goes into LNRLHB to be reported to credit repositories.

 

•For all other payment methods, the system uses the Face Amount (LNFACE) in this field (except institution 360, which uses original balance (LNOBAL)).

 

•If nothing is in the Highest Balance field, the system uses the line-of-credit-limit (LNRLCL) for payment method 5 loans.

 

File maintenance to this field writes to Loan History.