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What Is Loan Past Due?

360° View: Loan Past Due is a complete past due collection solution that will assist you in keeping better track of collection attempts as well as giving management a broader perspective of where you stand with your past due accounts.

  • Easy monitoring and management of all Past Due accounts by Responsibility Code
  • Pre-defined customized letters that can be printed for individual Past Due accounts, which can include assigned loan officers name
  • Ability to create new letters "on the fly"
  • Ability to insert loan account information in the body of the letter from drop down list
  • All correspondence with Past Due accounts automatically tracked and easily reported
  • Account information easily imported from any mainframe system
  • Automatic database build of all Past Due accounts
  • Automatic export to any external collections company
  • Several easy to produce Management and Tracking Reports, which can be filtered by branch, loan officer number, and produced in total
  • Detailed information of current and previous Past Due Loans readily accessible, including: Collateral Items, 30/60/90 day totals, Combined Loan totals, home and business contact information, loan payment information, times renewed, times extended, and many more.
  • Security access based on logical officer hierarchy (each loan officer could be set to only see their own accounts, while others may be set to see a range of officers)
  • Secure Internet Access that allows qualified users the ability to access and work past dues from their office, home, another's office, or anywhere Internet access is available
  • PLUS --- MANY MORE FEATURES

 

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