Status:

oThis field allows the user to select a status for the obligation.

oActive: The creditor will appear on the proposal and plan as expected.

oHold: The creditor will appear on the proposal but not on the plan.

oCancelled: The creditor will not appear on the proposal or the plan.

·A few other statuses that affect the lead's proposal:

oCancelled: The creditor will not appear on the proposal or the plan.

oFinal Offer Accepted: Used to perform a Final Universal Rule Set Validation

oPaid Up: Used to mark the obligation as paid up which will insert a balance change of 0 for the selected Obligation, removing the obligation from the plan only.

oProvisional Offer Accepted: Used to perform a Final Universal Rule Set Validation.

oProvisional Offer Rejected: Used to perform a Final Universal Rule Set Validation.

·Reject Reason:

oAllows the user to select a reason for the proposal rejection (appears only of "Provisional Offer Rejected" or "Final Offer Rejected" status is selected).

·Credit Provider:

oThis field allows the user to insert a credit provider for the selected obligation (Payments will be made to this creditor).

·Reference:

oAllows the user to insert a reference number used when making payments to the selected creditor.

·NCA Account Type:

oThis field allows the user to select an NCA account type for the obligation (e.g. Bond, Credit Card, Personal Loan and Vehicle).

·Agreement Type:

oThis field allows the user select the agreement type (e.g. Lawful, Unlawful and Reckless).

·Account Holder:

oThis field allows the user to specify the account holder (e.g. self, spouse, both).

·Exclude From Debt Review:

oThis box allows the user to exclude the obligation from debt review, this will also change the obligation's status to "Cancelled".

·Exclude Reason:

oAllows the user to select a reason for the obligation's exclusion.

·Add to Expenses:

oAllows the user to add the excluded obligation's "Original Gross monthly Instalment" to the lead's list of expenses on the budget.

·Expense Description:

o Allows the user to select a description for the added expense.

·Calculation Method:

oAllows the user to select how/if the obligations proposed figures should be calculated (Not available when using the Universal Rule Set rule set).

Payment calculation method:

·Allows the user to select a calculation method for the proposed instalment.

oCalculate Proposed Instalment: This will calculate the proposed figures according to the rule set selected.

oLock Proposed Instalment: This will lock the proposed instalment to the amount currently inserted in the "Proposed Instalment" field effectively preventing the calculator from changing the proposed instalment.

oUse Account Type Formula: This will calculate the proposed instalment according to the rule specified in the NCA Account Type master table for the corresponding NCA Account Type.

·Proposed instalment:

oThis field allows the user to insert a proposed instalment amount, this will also change the calculation method to "Lock Proposed Instalment" (Not available when using the Universal Rule Set rule set).

·Interest rate:

oThis field allows the user to insert a proposed interest rate. (Not available when using the Universal Rule Set rule set).

·Proposed Term:

oThis field allows the user to view the proposed terms, cannot be altered. (Inserted by the proposal calculator).

·Proposal Start Date:

oThis field allows the user to insert the date from which the obligation shall appear on the payment plan.

·PDA Payments Start Date:

oThis field displays the earliest date on which the obligation appears on the PDA payment plan.

·Proposed Monthly Fees:

oThis field allows the user to insert the proposed monthly fees, this amount will be subtracted to the amount allocated towards the outstanding balance.

·Copy From Monthly Fees:

oThis will copy the amount inserted in the "Monthly Fees" field.

·Counter Proposal Instalment:

oThis field allows the user to insert a counter proposal Instalment amount, this will not affect the proposal.

·Counter Proposal Interest Rate:

oThis field allows the user to insert a counter proposal interest rate, this will not affect the proposal.