Uses the Component:InitiativeRateGroupType
The initiative rate group component describes rates and terms associated with the initiative.
Table 6.55. Fields and Components
| Name | Description | Occurrence | Type | Data Type | User Notes |
|---|---|---|---|---|---|
| InitiativeFinanceTypeCode |
Identifies the type of finance to which the initiative applies. For example, an initiative may only apply to a vehicle that is being leased. | 1..1 | Field | scl:InitiativeFinanceTypeEnumeratedType | |
|
Begin Choice | |||||
| InitiativeAnnualPercentageRate |
The initiative annual percentage rate is the underlining annunal percentage rate based onthe finance type. | 1..1 | Field | udt:PercentType | |
|
or | |||||
| InitiativeMoneyFactorNumeric |
The initiative money factor is the underlining money factor rate based on the finance type. | 1..1 | Field | udt:NumericType | |
|
End Choice | |||||
| InitiativeTermString |
The initiative term the underlining annual percentage rate or money factor based on the finance type. For example 24 months, 36 months, etc. | 1..1 | Field | qdt:StringType | |
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 6.55. InitiativeRateGroup
<InitiativeRateGroup>
<InitiativeFinanceTypeCode>......</InitiativeFinanceTypeCode> [1..1]
<!-- Begin Choice -->
<InitiativeAnnualPercentageRate>......</InitiativeAnnualPercentageRate> [1..1]
<!-- or -->
<InitiativeMoneyFactorNumeric>......</InitiativeMoneyFactorNumeric> [1..1]
<!-- End Choice -->
<InitiativeTermString>......</InitiativeTermString> [1..1]
</InitiativeRateGroup>