ADD SIGN

There is joint coverage on this loan. There is either no 'additional signer' record, or the birth date for the additional signer is missing or invalid.

JT TO SG

There is joint coverage on this loan. One of the borrowers has reached the age maximum. The posting will change the rate used to the single rate and post. The joint insurance code will remain on the loan to indicate there was joint coverage. In many circumstances, the remaining covered borrower is the additional signer. If the member chose SINGLE coverage, then only the primary borrower would be covered.

DIS TERM

This notifies the credit union and/or borrower that the loan's original term is longer than the disability coverage term. Depending on types of insurance calculations, the premium may or may not post.

LIF TERM 

This means the same as DIS TERM, but for life coverage.

DIS AGE

The member has exceeded the Disability Age Maximum and is no longer covered.

LIF AGE 

The member has exceeded the Life Age Maximum and is no longer covered.

DIS BAL

The loan exceeds the Loan Balance Maximum. Premiums are figured on the maximum amount until the loan balance is equal to or less than the maximum.

LIF BAL 

Same as DIS BAL but for life coverage.

DIS BEN

The monthly equivalent of the loan payment exceeds the maximum benefit coverage. Premiums will still post, but any claim would pay only up to the disability benefit covered amount.

ORIG INV

The Original Amount of the loan is invalid or missing. This message pertains to the Last Disbursed Balance field for both closed-end and LOC loans.

DLQ DAYS

The loan is over the number of Delinquent Days configured and the premium / fee did not post. The loan insurance code is removed and the credit union will need to monitor these loans and re-apply the coverage code s they move into the covered time window.

ADD SIGN

There is joint debt protection coverage on this loan. There is either no 'additional signer' record, or the birth date for the additional signer is missing or invalid. 

NOTE: For credit unions who offer debt protection using a "blended" product, where an additional signer is allowed but not required, records with this message can be ignored. 

JT TO SG

There is joint coverage (as opposed to 'Blended' coverage) on this loan. One of the borrowers has reached the age maximum. The posting will change the rate used to the single rate and post. The joint debt protection code will remain on the loan to indicate there was joint coverage. This also handles the circumstance where the remaining covered borrower is the additional signer. If the joint code was changed to the Single code, then only the primary borrower would be covered.

DBT BAL

This appears when the balance of the loan is higher than the configured Maximum Coverage Balance. Fees will continue to post, but are calculated on the maximum covered balance, rather than the actual balance.

DBT BEN

The monthly equivalent of the loan payment exceeds the maximum benefit coverage. Fees will still post, but any claim would pay only up to the debt protection benefit covered amount.

DBT AGE 

The member has exceeded the Maximum Age for Coverage and they are is no longer covered.

DLQ DAYS

The loan is over the number of Delinquent Days configured and the debt protection fee did not post. The debt protection code remains on the loan and will begin to post fees when the loan is under the Delinquent Days time window.