Configure Loan App Delivery Channels (4)

Screen ID:

Screen Title:

Panel Number:

UDLVCHN-31

Configure Loan App Delivery Channels

4554

Access this screen by selecting a collateral type on the previous screen and Change or View.

Credit unions can configure multiple vehicle years with a variety of products (that can be attached to the same year of the collateral) with any length of term. This screen lists the products associated with the various collateral years. CU*BASE uses this and applies it to incoming loan applications from indirect-delivery channels.

Use Add (F6) to add additional products for new, used and demo loan products for collateral years you select. Or select a year and use Change to update model years or update products associated with them on the next screen.

If you renumber your loan products that are attached to this table, you will need to reconfigure this table as well. Deleting a collateral type on this screen will not affect existing loans or loan applications.

Indirect-delivery channels support loan applications that are submitted for any length of term. For example, if a dealer selects a new car with a term of 67 months, CU*BASE assigns the percentage rate of the next higher term product. If the credit union also has a Dealer Track product with a 72-month term and a rate of 7%, then this loan application will be accepted in CU*BASE with the 67-month term at 7%.