Collection Options Screen > Selection Options

Entry: User, drop-down list

F/M: Yes

Mnemonic: QOSELS

Screen: Collection Options

Field Group: Selection Options

This option is used for both the variable queue feature and non-variable queue feature. Select when a loan should be included in the collection queue. Choices include the following:

Pull Loans Past Due Date

Pull Loans Past Grace Days

Pull Loans More Than One Frequency Past Due

WARNING: Since a lot of borrowers do not make payments prior to the grace days, using the Pull Loans Past Due Date option will create extremely large queues. In addition, collection records will be created for these loans. Institutions are charged for each collection record so selecting this option could become very expensive.