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Loan Payment Protection

By Fiserv

This DNAapp monitors the number of borrowers electing payment protection products on their loans.

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Platform

DNA
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This application creates a CUNA Participation Tracking File in an XML or pipe delimited format. This extract file tracks the number of borrowers electing payment protection products and is used by CUNA Mutual Group to determine the percentage of borrowers electing payment protection products on new loan accounts. The following are the payment protection products that are being tracked:

 

  • Credit Life (CL)
  • Credit Disability (CD)
  • Debt Cancellation (DC)
  • Mechanical Repair Coverage (MRC)
  • Guaranteed Asset Protection (GAP)

 

Benefits

This application produces specific DNA® data which then can be uploaded/sent to CUNA for participation tracking.

App Information

Version
1.0.0.4 - Published July 2018
Developer Website

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Specs

DNAapp Type: Batch Application

Developed with DNAcreator™

Technical Name - PS_CUNA_NEW_LOAN_PAYMENT

DNAX File Name: ps_cuna_new_loan_payment.dnax 

 

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