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