U0239 Credit Bureau Lease
LeasePak Documentation Suite NETSOL website
U0239 Credit Bureau Lease

U02 Maintenance

U0239 Credit Bureau Lease

Allows the user to modify credit bureau reporting-related values for the selected lease.

Credit Bureau Reporting symbol Requires Credit Bureau Extract module. Contact your NETSOL representative for more information.

Selection Criteria

Introductory Notes

Select the lease to modify:

Screen and Fields

Selection Criteria

UI field symbol Lease
Required

Enter the lease number or click Ellipsis button to search, then click Select.

Database symbol Database equivalent: rls.lse_s

Update

Introductory Notes

Enter or edit credit bureau reporting-related information for the lease:

Screen and Fields

Update

UI field symbol Lease
Display

The selected lease number.

Database symbol Database equivalent: rls.lse_s

UI field symbol Description
Display

The description for the selected lease.

Database symbol Database equivalent: rls.desc_s

UI field symbol Activity Status
Optional

The current Activity Status of the selected lease.

Database symbol Database equivalent: rls.act_s

UI field symbol Activity Substatus
Optional

Enter an "Activity Substatus" or click Drop-down arrow to select from available values. Use "Activity Substatus" to further define the status of a lease or to activate rules set up for a particular U0709 Activity Status/Substatus combination.

Note Level 1 U0722 Custom Code category: 'ACTSUBSTAT'. The User must first set up codes for this category to have them available, in particular to be able to use Activity Substatus for setting processing tasks/rules in U0709 Activity Status/Substatus.

Database symbol Database equivalent: rlsb.act_substat_s

UI field symbol Asset(s) Return Date
Optional

Enter the return/grounding date of assets on the lease, either in MM/DD/YY or DD/MM/YY format, depending on the User's Date Format Preference in Windows Region and Language Settings. "Asset(s) Return Date" cannot be greater than the current (today's) date.

Note Level 2 If the user enters an "Asset(s) Return Date", LP will begin reporting the lease to the credit bureaus as either a full or early termination status pending based on the date. This date will take precedence over the U0103 Payoff "Effective Date" when determining whether or not a payoff or termination falls within the tolerance set in U0212 Miscellaneous Customization "Days before maturity for full term".

Database symbol Database equivalent: rlsb.d_assets_returned_s

UI field symbol Metro 2 Code
Optional

Enter the Metro 2 code for the lease or click Drop-down arrow to select from available values. Use U0733 Metro 2 Setup to create or update Metro 2 codes and their corresponding settings.

Note Level 2 Leases without a Metro 2 code are not reported to the credit bureaus.

Database symbol Database equivalent: rlsb.metro2_s

UI field symbol Special Comment Code
Optional

Enter a credit bureau Special Comment Code or click Drop-down arrow to select from available values. The following SCC values require that the Metro 2 Account Type for the lease be 13 or 3A:

  • BB
  • BC
  • BD
  • BE
  • BF
  • BG
  • BH
  • BI
  • BJ
  • BK
  • BS

Note Level 1 U0722 Custom Code category: 'SP.COMMENT'. The User can modify code descriptions but not add or delete codes.

Database symbol Database equivalent: rlsb.special_comment_s

UI field symbol Prepaid Lease
Optional

Select/check (set to 'Y') if lease is a prepaid lease. A prepaid lease is when the client makes a single payment for the full lease amount or otherwise prepays the entire lease.

Database symbol Database equivalent: rlsb.prepaid_c

UI field symbol Report as Deleted
Optional

Enter a reason (corresponding to credit bureau Account Status DA or DF) to report the lease as deleted or click Drop-down arrow to select from available values. Lease can only be reported as deleted if it has a valid Metro 2 code.

Note Level 1 U0722 Custom Code category: 'CB.DELSTAT'. The User can modify code descriptions but not add or delete codes.

Note Level 2 Setting this field does not make the lease inactive or remove it from the database or LP processing. Use U0101 Remove Lease or U0103 Payoff to remove or payoff a lease.

Note Level 3 Once a lease has been reported to the credit bureaus with Account Status set to DA or DF, you will not be able to change this status or reuse the lease number; exercise caution when using this feature.

Database symbol Database equivalent: rlsb.cb_deleted_stat_s

UI field symbol Compliance Condition Code
Optional

Enter a credit bureau Compliance Condition Code or click Drop-down arrow to select from available values.

Note Level 1 The User cannot change CCC to 'XR' until 'XH' has been reported for 2 months.

Note Level 1 U0722 Custom Code category: 'COMPL.COND'. The User can modify code descriptions but not add or delete codes.

Database symbol Database equivalent: rlsb.compliance_cond_s

UI field symbol Stop Credit Bureau Reporting
Optional

Select/check (set to 'Y') to exclude the lease from credit bureau reporting. Clear/uncheck (set to 'N') to start or resume reporting.

Database symbol Database equivalent: rlsa.stop_cb_c

UI field symbol Reason to Stop Reporting
Optional

Enter the reason code for why the lease will be excluded from credit bureau reporting or click Drop-down arrow to select from available values.

If "Stop Credit Bureau Reporting" is selected/checked and a reason code is entered, the first 10 characters of the reason code description will appear on the exlcusion report as the exclusion reason. If no Stop Reporting reason is entered, the exclusion reason will appear as 'STOP.CB.RP'.

Note Level 1 U0722 Custom Code category: 'STOP.CB.RP'. The User must first set up codes for this category to have them available.

Database symbol Database equivalent: rlsb.reason_stop_cb_s

UI field symbol Payment History
Required

Enter adjustments to the 25-month payment history profile for the lease. This set of values includes:

  • The "Next Payment History Status" (rlsb.next_pmt_hist_c) that will be added to the Payment History through U0462 Credit Bureau Extract during the next End of Month
  • The 24-month Payment History (rlsa.pmt_hist_s + rlsb.pmt_hist2_s)

Note Level 1 The User can only update positions within the 25-month period corresponding to the Payment History and Next Payment History Status.

Database symbol Database equivalent: rlsb.next_pmt_hist_c

Database symbol Database equivalent: rlsa.pmt_hist_s

Database symbol Database equivalent: rlsb.pmt_hist2_s

UI field symbol Delinquency Counters
Required

Enter adjustments to number of times payments to the lease were delinquent in each of the seven delinquency categories.

Note Level 1 The categories shown in the screen mock-up above represent U0212 Miscellaneous Customizations settings intended to match delinquency categories used for credit bureau reporting: 1-29 days, 30-59 days, 60-89 days, 90-119 days, 120-149 days, and 150-179 days, with LP automatically creating the final category of 180+ days.

Database symbol Database equivalent: rpa.delq1_l

Database symbol Database equivalent: rpa.delq2_l

Database symbol Database equivalent: rpa.delq3_l

Database symbol Database equivalent: rpaz.delq4_l

Database symbol Database equivalent: rpaz.delq5_l

Database symbol Database equivalent: rpaz.delq6_l