Navigation:  Appendix A - Merge Field Descriptions (Loans) >

Event 33, Over-Credit-Limit Notification for Line-of-Credit Loans

Navigation:  Appendix A - Merge Field Descriptions (Loans) >

Event 33, Over-Credit-Limit Notification for Line-of-Credit Loans

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This letter is generated when the credit limit for line-of-credit loans has been exceeded. The letter will automatically be created when the date of the last transaction is today and the principal balance exceeds the credit limit. Note: A letter will be created each time the date of the last transaction changes; this may result in more than one letter being created within several days. (The date of the last transaction is for monetary activity only.) The letter can also be ordered manually.

 

If the loan is a non-revolving line-of-credit, this letter is not available.

 

Merge Field

Field Mnemonic/ Calculation

Description

AMOUNT OVER CREDIT LIMIT

LNPBAL-LNRLCL

Amount over the credit limit: principal balance - credit limit

 

 

See also:

Appendix A

Common Fields (All Events)

CIS Fields

Basic Loan Fields

 

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