1. Line Origination User Guide
  2. Underwriting
  3. Applicant Tab
  4. Summary Sub Tab
  5. Liabilities Sub Tab

7.5.4.2 Liabilities Sub Tab

All the liabilities of the applicant that are entered during application entry are displayed in this tab. For example: Rent. In addition, if you need to record additional liabilities for an applicant the same can be done in this tab. Also any liability information of the applicant received through credit pull will be displayed under Credit Bureau Data in Liabilities sub tab.

To complete the Liabilities sub tab
  1. Click Liabilities sub tab.
  2. Perform any of the Basic Operations mentioned in Navigation chapter.
    A brief description of the fields is given below:

    Table 7-9 Liabilities

    Field Do this
    Include Check this box to indicate that the liability is included.
    Liability Type Select the liability type from the adjoining drop-down list.
    Currency Select the currency code from the adjoining drop-down list.
    Amount Specify the liability amount.
    Line of credit Currency Amount View the Line of credit currency amount.
    Frequency Select the frequency from the adjoining drop-down list.
    Account Type Specify the account type.
    Account Balance Specify the account balance.
    Line of credit Account Balance View the Line of credit currency amount.
    Comment Specify a comment, if any.
    Credit Bureau Data
    Bureau View the name of credit Bureau.
    Open Dt View the opening date of credit account.
    Pmt Manner View the mode of payment.
    Account # View the account number.
    Status View the current status of credit account.
    Account Type View the type of account maintained.
    Creditor's Name View the name of the Creditor.
    Subscriber # View the Subscriber number.
    ECOA View the ECOA (Equal Credit Opportunity Act) code.
    Term View the term of credit.
    Credit Limit View the total credit limit amount.
    High Balance View the high balance amount if any.
    Past Due Amt View the total past due amount if any.
    30 View the number of delinquency days.
    60 View the number of delinquency days.
    90 View the number of delinquency days.
  3. Perform any of the Basic Actions mentioned in Navigation chapter.
  4. The Dedupe Liabilities button removes duplicate (de-dupes) liabilities that may be present from subsequent (manual) credit bureau pulls for nonspousal joint applications.

Parent topic: Summary Sub Tab