Client Credit Details
Purpose
There are two main uses for Client Credit
Details.
The first use is to record the credit rating
of a client so a decision can be easily made in the future when a client
reapplies for finance. Credit rating
codes can be maintained manually.
Once a contract has completed in a Lending
module credit details may be automatically updated. If the client has received no overdue letters
over the term of the contract, they will have a good credit rating. If the client has received a number of
overdue letters or a repossession letter, the credit rating will be bad.
Dates can be recorded for the review of
credit details.
The second use is for the reporting of new
customers for AML/CFT compliance. Using the Date Joined allows for the entered
date of the new customer. The date may be updated for returning customers.
When using this date for AML/CFT compliance
only, 
the credit code as NU: not used.
Access
- This dialog can only be accessed from the
button from within a client
Dialog Details
Details Specific Fields
Field | Explanation |
Credit Code | Provides access to the Credit Rating Browse |
| Credit Notes | This is a free format
area where you may enter any details pertaining to the Credit Code
established This is useful to enter any
details about the client that may help identify whether credit should be given
in the future |
Last review Date | The date
of the last credit review for this client |
| Next Review Date | The date
this client is to be next reviewed on |
Date Joined | Enter the date the
Client opened their account |
Date Left | Enter the date the
Client closed their account |
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