Transactions
Type
The Type field in the Transaction Object categorizes the nature of the transaction and its financial impact to the consumer Contract.
PMT (Payment): Represents cash transactions where a positive amount decreases the consumer's balance. Includes payments via ACH, check, payment card, and refund-related entries.
Adj (Adjustment): Represents non-cash transactions. A positive value increases the consumer balance, and a negative value decreases it. Adjustments are used for balance corrections, write-offs, returns, cancellations, and other similar purposes.
Fee: Represents fees assessed to the account. Positive values increase the consumer balance.
AGING: Represents past due re-aging adjustments for reporting purposes. These do not affect the consumer balance.
Revised Transaction Type Table
Type | Description | Pos or Neg Values |
|---|---|---|
Adj - Adjustment | General balance adjustment (non-cash) | Pos/Neg |
Adj - Cancel or Return | Merchant Return or Cancellation | Neg and Decreases Consumer Balance |
Adj - Promo Exp Int | Adjustment for expired promotional interest | Pos that increases Interest Assessed when a deferred interest promotion expires. |
Adj - Small Balance Write-Off | Write-off of small remaining balance | Neg to reduce remaining fees or interest less than $11.00 |
Adj - Sub Next PMT | Adjustment to subscription to skip payment | |
Adj - Transfer | Used when Accounts are exited from UAS and transferred to another servicer. | Neg to reduce balance. The system expects all accounts to be $0.00 if they are closed. |
Adj - Write-Off | Write-off for charged-off or unrecoverable balance | Neg to reduce balance. |
AGING | Non-cash re-aging transaction for reporting purposes only | Pos amount that reduces Past Due Amount. |
Fee - Annual Charge | Annual account fee | Pos |
Fee - Convenience Charge | Fee for payment convenience methods | Pos |
Fee - Late Charge | Late payment fee | Pos |
Fee - NSF Charge | Returned payment (NSF) fee | Pos |
Fee - Origination Charge | Loan origination fee | Pos |
PMT - ACH | Payment via ACH (cash-in) | Pos (reduces bal) |
PMT - ACH - Cancel | Canceled scheduled ACH payment | Neg |
PMT - ACH - Invalid Trans | Invalid ACH payment flagged | Neg |
PMT - Charge Back | Consumer disputed payment successfully charged back | Neg |
PMT - Check | Payment via check | Pos (reduces bal) |
PMT - Check - Not Deposited | Check marked received but never deposited | Neg |
PMT - Credit Card | Payment via credit card | Pos (reduces bal) |
PMT - Mass Refund | Bulk refund of prior payments | Neg |
PMT - NSF | Returned payment due to insufficient funds | Neg |
PMT - NSF Reversed | Reversal of a previously returned payment | Pos |
PMT - Online - ACH | Online ACH payment | Pos (reduces bal) |
PMT - Online - Credit Card | Online credit card payment | Pos (reduces bal) |
PMT - Partial Refund | Partial refund issued to consumer | Neg |
PMT - Payment | Generic payment | Pos (reduces bal) |
PMT - Pre-Charge Back | Placeholder for pending chargeback | Neg |
PMT - Refund | Refunded payment to consumer | Neg |
PMT - To Client | Payment made to the merchant and reported to UAS. | Pos (reduces bal) |
PMT - Western Union | Payment via Western Union | Pos (reduces bal) |
Down Payment | Initial payment towards loan/financing | Pos - Does not impact Financed Amount, reduces Cash Price. |
Down Payment - Cash | Cash portion of down payment | Pos - Does not impact Financed Amount, reduces Cash Price. |
Down Payment - Charge Back | Down payment charged back | Neg - Does not impact Financed Amount. |
Down Payment - Refund | Refund of the down payment | Neg - Does not impact Financed Amount. |
Down Payment - To Client | Down payment transferred to merchant/client | Pos - Does not impact Financed Amount, reduces Cash Price. |
Down Payment - To Client - Refund | Refund from client to UAS or consumer | Neg - Does not impact Financed Amount. |
Charged-Off Adjustment | Adjustments made after an account has been charged off | Pos/Neg |
PMT - To Primary Servicer | Payment reported to Primary Servicer. Only valid when UAS is the Backup Servicer. | Pos/Neg |