Navigation: Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab >
Original PI Constant
Entry: System, numeric
F/M: Yes
Mnemonic: LNOPIC
Screen: Loans > Account Information > Additional Loan Fields > Origination/Maturity tab
This field displays the customer account's PI Constant at loan origination. The account's current PI Constant might be different from the value in this field.
This field is used in connection with late charge code 24. The late charge uses the original P/I in the late charge calculation.
This field is populated when a loan is originated through GOLDTrak PC. If the loan is opened with a zero balance, such as for a line-of-credit loan, a zero is entered in this field.