Manually Update Loan Record with Credit Score
These steps explain how to manually update a loan record with a credit score.
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These steps are helpful in cases where you need to add a score for a joint owner or when you pull a report from another source and need to add the score to the loan record.
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Keep in mind that manually updating the loan record with a credit score does not update the credit score history.
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Launch Tool #51 Miscellaneous Loan Maintenance.
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Enter the loan account base and suffix on the Additional Loan Information Maintenance pop-up.
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Click the forward arrow.
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Check the Credit bureau link box on the Additional Loan Information Selection screen.
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Click the forward arrow.
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In the Link On-Line Credit Report to Loan pop-up, enter the Credit report # if it is available in the system.
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If the report number is not available, simply leave the field as is (all zeros).
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Click the forward arrow.
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In the Report date field that appears, enter the date of the new score.
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In the RISK score field, enter the updated score.
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Click Update.