Navigation:  Loan Screens > Payoff Screen > Balances tab > Payoff Fields field group > Letter Date

Entry: System, date

F/M: No

Mnemonic: POEVDT

Screen: Loans > Payoff > Balances tab

 

This field displays the date the customer payoff quote Letter will be printed through the GOLD EventLetters system.

 

If a payoff record has not been created and a payoff event letter is requested using this and the Letter Number fields, the letter will not be created and will appear as a reject on the Event Letter Report (FPSRP175).)

 

Institution Option AFLC will calculate one future late charge if enabled. If you set up a payoff quote for a future date and a late charge will be assessed during the time between the current date and the future date, the payoff quote will automatically calculate the Late Charge amount and add it to the payoff amount.