3.5.1.1 Report Formats
The Reports Formats screen captures and tracks the attributes related to the multiple types of reports offered by the credit bureau agencies. When a company enlists the service of a credit bureau, the credit bureau provides a membership code and password. This information needs to be entered on the Reports Formats screen before you can request a credit report. You must define at least one report for each credit bureau from which you want to pull reports.
The information on the Report Formats screen is location-specific. If the business requires different membership codes for each location, be it a company or branch, then individual records must be set up.
Note:
For more information, refer to the application Installation Guides.- Click Setup > Setup > Administration > User > Credit Bureau > Report Formats.
- In the Credit Bureau section, perform any of the Basic Operations mentioned in Navigation chapter.
A brief description of the fields is given below:
Table 3-23 Credit Bureau Report Formats
Field Do this Bureau Name Specify the name of the credit bureau company. Short Name Specify the abbreviated or short name for the bureau. Source Select the credit bureau source from the drop-down list. Country Select the country of the credit bureau address from the drop-down list. City Specify the city for the credit bureau address. State Select the state of the credit bureau address from the drop-down list. Address Line 1 Specify the address line 1 for the credit bureau. Address Line 2 Specify the address line 2 for the credit bureau. Zip Select the zip code for the credit bureau address from the dropdown list. Extn Specify the extension of the zip code for the credit bureau address. Phone 1 Specify the primary phone number for the credit bureau. Extn 1 Specify the extension for the primary phone number. Phone 2 Specify the secondary phone number for the credit bureau. Extn 2 Specify the extension for the secondary phone number. Fax 1 Specify the primary fax number for the credit bureau. Fax 2 Specify the alternative fax number for the credit bureau. - Perform any of the Basic Actions mentioned in Navigation chapter.
- In the Credit Bureau Report Formats section, perform any of the Basic Operations mentioned in Navigation chapter.
A brief description of the fields is given below:
Table 3-24 Credit Bureau Report Formats
Field Do this Company Select the portfolio company that will be using the above credit bureau from the drop-down list. Branch Select the portfolio branch from the company that will be using the above credit bureau from the drop-down list. Description Specify the credit report format description. Member Code Specify the credit bureau member code (assigned by bureau). Password Specify the credit bureau password. Customer Code Specify the customer code. Auth Password Change Dt Display the last authorization password change date. The Experian Net Connect product requires that the Auth Password (or SSP Password in Experian jargon) be changed every 90 days (or sooner). Equifax may have similar requirements, but they were not known at the time of this writing. Use the date displayed in this field to identify when the password needs to be changed.
Note: The password needs to be changed both in the system and at the credit bureau. Changing the password does not initiate or perform a change at the bureau. Changing the password at the bureau must be done outside the system. Contact the credit bureau for the procedure for changing the password (display only).
Auth User ID Displays the authorization user ID (display only). Auth Password Displays the authorization password (display only).
Note: This field is not displayed to the user and is also encrypted before being stored in the database (display only).
Change Authorization User Id/Password section New Auth User Id Specify the authorization user ID. New Auth User Password Specify the authorization user password. TransUnion Details section
(Note: This is only applicable for TransUnion.)
Market Specify the TransUnion market id. Sub Market Specify the TransUnion Sub Market id. Industry Specify the TransUnion Industry code. Experian Details section
(Note: This is only applicable for Experian.)
Preamble Specify the Experian preamble code. Host Code Specify the Experian host ID. UIC Specify the Experian UIC. Equifax Details section
(Note: This is only applicable for Equifax.)
Service Name Specify the equifax service name. The service name will be provided to you by Equifax when your company's Internet System to System account is created. Possible values for pulling credit reports are acrotest (for access to the test system) and acro (for access to the production system). - Perform any of the Basic Actions mentioned in Navigation chapter.
- In the Report Format Details section, you can choose the various parameters of report format and also indicate if the report is to be processed internally or externally.
To support geography specific Credit Bureau integration, external interface is also supported in OFSLL. In such case, a webhook request for Credit Bureau Onboarding report is initiated from OFSLL. The same is processed in external bureau service depending on the endpoint configuration (type of bureau to be used as defined in Setup > Administration > System > Webhook screen).
Based on the response received the Credit Bureau Put web service is triggered to update the details. Also on processing CREDIT_REQUEST_DETAILS the Status of the request received in CRL_CRB_REP_STATUS_CD is updated in Bureau tab of Origination and Servicing screens in the following combination:
Table 3-25 Report Format Details
CRL_CRB_REP_STATUS_CD Bureau Details > Status Primary Secondary Completed Completed Completed Completed Failed Failed Failed Completed Failed Failed Failed Failed Submitted Completed Submitted Completed Submitted Submitted - Perform any of the Basic Operations mentioned in Navigation chapter.
A brief description of the fields is given below:
Table 3-26 Report Formats
Field Do this Report Specify the report name to be accessed from the credit bureau. Report Type Select the report type of the credit bureau report from the drop-down list. Report Class Select the report class as either Consumer or Business from the dropdown list. Multi Request Allowed Check this box to allow report request from multiple bureaus. Score Type Select the credit score type from the drop-down list. Addl Product Select the product code from the drop-down list. Inquiry Limit Select the inquiry limit for the credit report from the drop-down list. Default Check this box set this as default report format. External Report Check this box if the Credit Bureau Onboarding report request format is to be processed from external system. If selected, the encoding and decoding of request details and pooling of data into report is handled externally.
By default, this check box is not selected and Credit Bureau Onboarding report request is processed within the system.
- Perform any of the Basic Operations mentioned in Navigation chapter.
A brief description of the fields is given below:
Table 3-27 Report Output
Field Do this: Report Specify the report name to be accessed from the credit bureau. Report Type Select the report type of the credit bureau report from the drop-down list. Score Type Select the credit score type from the drop-down list. Addl Product Select the product code from the drop-down list. Inquiry Limit Select the inquiry limit for the credit report from the drop-down list. Enabled Check this box to enable the report as default. - Perform any of the Basic Actions mentioned in Navigation chapter.
Parent topic: Credit Bureau