Navigation:  Collection Options Screen >

Ignore Maturity Date

Navigation:  Collection Options Screen >

Ignore Maturity Date

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Entry: User, checkbox

F/M: Yes

Mnemonic: QOIMDT

Screen: Collection Options

Field Group: Maturity Date

 

If loans are past the maturity date, marking this option will add loans to collector queues based on the due date and not the maturity date. Example: The maturity date is 9-01 and the due date is 6-01. With this field marked, this loan would be included in the collector queue using the June due date to determine how far delinquent the account is.

 

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