Appendix
Appendix H
Credit Bureau Extract Metro 2 Format users.
The following is a partial list focusing on codes referred to in this specification and closely-related statuses. See the LeasePak Reference Guide for more information or contact your NetSol representative.
Automatic statuses are applied as a result of processing by their corresponding updates.
Assigned statuses are applied by the User, either in U0115 Suspended Earnings or U0202 Master Financial.
| Lease Activity Status Codes | |||
| Code | Type | Corresponding Update(s) | Description |
| AASM | Automatic | U0240 Credit Bureau Client | ACTIVE ASSUMED – Lease assumption. See Sec 4.38 |
| AEXM | Automatic | U0108 Lease Extension | ACT EXTENDED MTM – Term extension, month-to-month. See Sec 4.25 |
| AEXT | Automatic | U0108 Lease Extension | ACT EXTENDED LEASE – Term extension, fixed term. See Sec 4.25 |
| ANOR | Automatic | U0101 Book Lease | ACTIVE NORMAL – Normal active status. See Sec 4.1 |
| Assigned | U0202 Master Financial | ||
| ARBK | Automatic | U0116 Rebook | REBOOK – Rebooked lease. See Sec 4.44 |
| ARED | Assigned | U0202 Master Financial | VEHICLE TURNED IN – Redeemed repossession, reinstated lease |
| AREN | Assigned | U0202 Master Financial | ACTIVE RENEGOIATED – Renegotiated lease terms |
| AREP | Assigned | U0202 Master Financial | ACT ASSIGN FOR REPO – Pending repossession; payments not allowed |
| AXFR | Automatic | U0114 Change Key | ACTIVE TRANSFERRED – Active lease change keyed to a different PCRO |
| Utility 212 Change Key | |||
| HREP | Assigned | U0115 Suspended Earnings | N-ACCRL INV REPO – Accrual hold due to repossession. See Sec 4.26 |
| HVOL | Assigned | U0115 Suspended Earnings | N-ACCRL VOL REPO – Accrual hold due to voluntary surrender. See Sec 4.27 |
| NCRP | Automatic | U0103 Payoff | CHARGE INVOL REPO – Termination or payoff from status NREP*. See Sec 4.26 |
| NCSK | Automatic | U0103 Payoff | CHARGE SKIP – Termination or payoff from status NSKP* |
| NCVL | Automatic | U0103 Payoff | CHARGE VOL REPO – Termination or payoff from status NVOL*. See Sec 4.27 |
| NH03 | Assigned | U0115 Suspended Earnings | SUSP-SETTLEMENT – Earnings suspension due to pending non-insurance settlement. See Sec 4.33 |
| NH07 | Assigned | U0115 Suspended Earnings | SUSP BNKRPT 7,11,12 – Earnings suspension due to bankruptcy Chapter 7, 11, or 12 |
| NH13 | Assigned | U0115 Suspended Earnings | SUSP BNKRPT CHPT 13 – Earnings suspension due to bankruptcy Chapter 13 |
| NMAT | Automatic | U0301 Cycle Accruals | ACTIVE MATURED – Lease that has reached its maturity date |
| NP03 | Automatic | U0103 Payoff | PAID:SETTLEMENT – Termination or payoff from status NH03. See Sec 4.33 |
| NP07 | Automatic | U0103 Payoff | PD SUSP BNKRPT 7-12 – Termination or payoff from status NH07 |
| NP13 | Automatic | U0103 Payoff | PAID SUSP BNKRPT 13 – Termination or payoff from status NH13 |
| NPER | Automatic | U0103 Payoff | PAID EARLY – Lease terminated or paid off prior to maturity (not within tolerance). See Sec 4.35 |
| NPMT | Automatic | U0103 Payoff | PAID MATURED – Lease terminated or paid off at or after maturity (within tolerance). See Sec 4.34 |
| NPST | Automatic | U0103 Payoff | PAID INSUR SETTL – Termination or payoff from status 'NSET'. See Sec 4.21 |
| NREP | Assigned | U0115 Suspended Earnings | SUSPENDED INVOL REPO – Earnings suspension due to repossession. See Sec 4.26 |
| NSET | Assigned | U0115 Suspended Earnings | SUSPENDED INS. SETTL – Earnings suspension due to pending insurance settlement. See Sec 4.21 |
| NSKP | Assigned | U0115 Suspended Earnings | SUSPENDED SKIP – Earnings suspension due to lessee skip |
| NVOL | Assigned | U0115 Suspended Earnings | SUSPENDED VOL REPO – Earnings suspension due to voluntary surrender. See Sec 4.27 |
*Solely having a lease in this status does not constitute a charge-off for credit bureau reporting purposes. See Sec 4.22.
Business Processes |
Appendix
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The information contained in this document is the sole property of NETSOL Technologies, Inc. Use of the information contained herein is restricted. Conditions of use are subject to change without notice. NETSOL Technologies, Inc. assumes no liability for any inaccuracy that may appear in this document nor does it have the obligation to update any of the information contained herein; the contents of this document do not constitute a promise or warranty. The software described in this document is furnished under license and may be used or copied only in accordance with the terms of said license. Unauthorized use, alteration, or reproduction of this document without the written consent of NETSOL Technologies, Inc. is prohibited.