Navigation:  Account Delinquency screen > Delinquent Payments tab > Collection Information field group > Last Payment

Entry: System, numeric

F/M: No

Mnemonic: LNDTLP

Screen: Account Delinquency, Delinquent Payments; Collection Queues, Detail & Queue Processing tab, Delinquent Payments tab

Field Group: Collection Information

 

This field shows the date that the last payment was posted. If a payment reversal (tran code 608) occurs, the system will look in the collection history for the previous last payment date and enter that date in this field. The last payment date is reported to the credit bureau. It is updated as payment activity occurs on the loan.

 

Note: When a 680 transaction is performed to open a loan, this field becomes the Date Opened field.

 

Note: The loan transaction 590 (Charge LIP Interest to LIP Undisbursed Balance) also updates the date of last payment. However, the reversal of this transaction will not change the last payment date.