Uses the Component:DecisionType
The Decision component describes the response to the credit application. This component provides complete information about the lenderâs terms and conditions regarding the credit request.
Table 6.99. Fields and Components
Name | Description | Occurrence | Type | Data Type | User Notes |
---|---|---|---|---|---|
ConditionRejection |
Describes the reasons for which an application was denied. | 0..* | Component | ConditionRejectionType | |
UpdateHistory |
Communicates the modification history of the application. | 0..* | Component | UpdateHistoryType | |
SubmittedDateTime |
Date and time the application was submitted | 0..1 | Field | udt:DateTimeType | |
DecisionDateTime |
Date and time a decision was made on the application. | 1..1 | Field | udt:DateTimeType | |
ElapsedTimeToDecision |
Date a decision was made on the application. | 0..1 | Field | udt:TextType | |
ElectronicApprovalIndicator |
Indicates the application has been electronically approved. | 0..1 | Field | udt:IndicatorType | |
EvaluationIndicator |
Indicates whether the deal may be modified. | 0..1 | Field | udt:IndicatorType | |
LeaseMessage |
Message to Dealer regarding the assignment of lease or transfer of equity. | 0..1 | Field | udt:TextType | |
ContractPurchaseDate |
The date the contract was accepted by the Finance Source. | 0..1 | Field | udt:DateType | |
Financing |
Represents information on the financing for the vehicle the applicant is interested in. | 0..1 | Component | FinancingABIEType | |
CreditAnalystName |
Indicates the name of the analyst responsible for rendering the decision. | 0..1 | Field | udt:NameType | |
CreditAnalystInitialsName |
Indicates the initials of the analyst responsible for rendering the decision. | 0..1 | Field | udt:NameType | |
CreditAnalystComments |
Free form text area for credit analyst to provide general comments about the decision. | 0..1 | Field | udt:TextType | |
CreditSupervisorComments |
Free form text area for credit supervisor to provide general comments about the decision. | 0..1 | Field | udt:TextType | |
BranchManagerComments |
Free form text area for branch manager to provide general comments about the decision | 0..1 | Field | udt:TextType | |
BranchOperationManagerComments |
Free form text area for branch operation manager to provide general comments about the decision. | 0..1 | Field | udt:TextType | |
DealerComments |
Free form text area for dealer comments about the decision. | 0..1 | Field | udt:TextType | |
TierCode |
The loan tier as provided by the credit analyst. | 0..1 | Field | udt:CodeType | |
TierDescription |
Free form text field describing the type of tier. | 0..* | Field | udt:TextType | |
SubprimeSendIndicator |
Indicates if the application is being forwarded to a subprime lender. | 0..1 | Field | udt:IndicatorType | |
TransferOfObligation |
Free form text field Indicating a transfer of obligation from one consumer to another or one business to another. | 0..1 | Field | udt:TextType | |
Stipulations |
Free form text identifying the terms or conditions of the loan. | 0..* | Field | udt:TextType | |
NonFinancialRequirements |
Stipulations or comments to dealer of a non-financial nature. | 0..1 | Field | udt:TextType | |
DecisionComments |
Free form text field for commentsassociated with the decision. | 0..* | Field | udt:TextType | |
DecisionVehicle |
Represents the vehicle approved for credit by finance source. | 0..1 | Component | VehicleABIEType |
The XML Sample provided here is an approximation of the generated XML for this component. Not all of the fields are required for implementation.
Example 6.99. Decision
<Decision> <ConditionRejection>......</ConditionRejection> [0..*] <UpdateHistory>......</UpdateHistory> [0..*] <SubmittedDateTime>......</SubmittedDateTime> [0..1] <DecisionDateTime>......</DecisionDateTime> [1..1] <ElapsedTimeToDecision>......</ElapsedTimeToDecision> [0..1] <ElectronicApprovalIndicator>......</ElectronicApprovalIndicator> [0..1] <EvaluationIndicator>......</EvaluationIndicator> [0..1] <LeaseMessage>......</LeaseMessage> [0..1] <ContractPurchaseDate>......</ContractPurchaseDate> [0..1] <Financing>......</Financing> [0..1] <CreditAnalystName>......</CreditAnalystName> [0..1] <CreditAnalystInitialsName>......</CreditAnalystInitialsName> [0..1] <CreditAnalystComments>......</CreditAnalystComments> [0..1] <CreditSupervisorComments>......</CreditSupervisorComments> [0..1] <BranchManagerComments>......</BranchManagerComments> [0..1] <BranchOperationManagerComments>......</BranchOperationManagerComments> [0..1] <DealerComments>......</DealerComments> [0..1] <TierCode>......</TierCode> [0..1] <TierDescription>......</TierDescription> [0..*] <SubprimeSendIndicator>......</SubprimeSendIndicator> [0..1] <TransferOfObligation>......</TransferOfObligation> [0..1] <Stipulations>......</Stipulations> [0..*] <NonFinancialRequirements>......</NonFinancialRequirements> [0..1] <DecisionComments>......</DecisionComments> [0..*] <DecisionVehicle>......</DecisionVehicle> [0..1] </Decision>