Loans > Loan Screens > Competitor Inquiry Screen > Miscellaneous Fields field group

Mnemonic: BUCBRS

The field displayed in the Miscellaneous Fields field group refers to the credit bureau account status of the loan. This information is pulled from the Account Status field on the Credit Reporting & Loan Informaiton tab of the Loans > Credit Reporting screen.

We first look at the GOLDPoint Systems loan status (open, closed, released), then at the number of days the loan is past due, if any.

•If the account is not past due and has none of the hold codes in the following table, it is reported with a status of "11" (current account).

•If the account was closed this month, was not past due, and has none of the hold codes in the following table, the account is reported with a status "13" (paid account).

•Line-of-credit loans (payment method 5) that are "open" with a zero balance are reported as code "11," current accounts. Accounts that have a "closed" status are reported as code "13," closed.

•If the account was serviced-released, the account is reported with a status "5" (transferred to another lender).

The hold codes are the main codes used to modify the CB account status. They prompt for the special comment, compliance, and consumer codes.

	Note: Proper use of the hold codes is needed to report the appropriate status for a loan and to ensure that the date of first occurrence is accurate. (These hold codes require action code 94.)

Hold codes are displayed in on the Loans > Account Information > Account Detail screen. The most critical hold code usually appears in the first Hold Code field because the system stops checking for hold codes when the first hold code is found.

The following is a complete list of CB status codes used by GOLDPoint Systems. The hold code used to adjust the CB status on an account is shown in the last column.

CB Status Code	Status Code Description	Hold Code	Hold Code Description
5	Account transferred to another office.
11	Current account.
13	Paid or closed account/zero balance. The account has a zero balance and is not available for use by the customer.
61	Account paid in full was a voluntary surrender.	97	Paid account; voluntary surrender
62	Account paid in full was a collection	96	Paid account; collection
63	Account paid in full was a repossession	98	Paid account; repossession
64	Account paid in full was a charge-off.	95	Paid account; was a charge-off