Business Processes

Deleting Client Put on Account in Error

Credit Bureau Extract Metro 2 Format users.

When the User needs to drop a client from a lease where the client was attached in error.

LeasePak Updates/Processes

• U0240 Credit Bureau Client/API
• U0462 Credit Bureau Extract

Relevant LeasePak Interface Fields

• U0240 Credit Bureau Client/API
  • "Reason Code"

Process Overview

When the User:

• Removes a client from the account through U0240 Credit Bureau Client/API with the "Reason Code" 'ERRO' for 'Error'

U0462 Credit Bureau Extract will report an ECOA Code of Z for that client. At that point, the client will no longer be on the lease and will not be reported in subsequent periods as associated with that lease.

LeasePak User Process

To remove a client from a lease where they were attached in error:

• Use interactive U0240 Credit Bureau Client or third-party interface via API to remove a deceased client:
  • From the "Relationships" list, select the client to be removed
  • Click Drop Relationship to detach the client
  • The Reason Deleted window will require selecting a reason for detaching the client; select 'ERRO' for Error and click Save
  • Click Save to complete the update

Additional note:

• Whenever a client is detached from a lease, any CII for that client/lease relationship is lost. If the client is later reattached, the User must update the CII accordingly through U0241 Client Bureau Bankruptcy/API.