LOC Remaining

Entry: System, numeric

F/M: No

Mnemonic: WKRLOC

Screen: Multiple

Field Group: Common Loan Information

This field displays the remaining line of credit. It is calculated differently depending on whether it is a revolving or non-revolving line of credit:

Revolving

LINE-OF-CREDIT LIMIT - PRINCIPAL BALANCE = REMAINING LINE

Non-Revolving

LINE-OF-CREDIT LIMIT - LINE-OF-CREDIT USED = REMAINING LINE