Clarification required on "Early Payoff Or Paydown Of A Credit Product" Scenario
(Doc ID 3055485.1)
Last updated on OCTOBER 30, 2024
Applies to:
Oracle Financial Services Behavior Detection Platform - Version 8.0 and laterInformation in this document applies to any platform.
Goal
We have the following Loan with the bellow balances that generated an event on 31/8/2024:
| LOAN_INTRL_ID | MNTH_SMRY_START_DT | INT_PAID_BASE_AM | RMNG_BAL_BASE_AM | NB_PYMNT_CT |
|---|---|---|---|---|
| ORCLE33 | 7/1/2024 | 0 | 0 | 0 |
| ORCLE33 | 6/1/2024 | 0 | 149481 | 0 |
| ORCLE33 | 5/1/2024 | 1000 | 142734 | 1 |
| ORCLE33 | 2/1/2024 | 561.84 | 143734 | 1 |
| ORCLE33 | 1/1/2024 | 0 | 144296 | 0 |
| ORCLE33 | 12/1/2023 | 0 | 144296 | 1 |
| ORCLE33 | 11/1/2023 | 0 | 141888 | 1 |
| ORCLE33 | 10/1/2023 | 6402.65 | 146465 | 1 |
| ORCLE33 | 9/1/2023 | 263.49 | 152867 | 1 |
a) If we had excluded the ‘0’ record from the feeding files, would an event still be generated (since the decrease in balance wouldn’t be 100%) ?
b) Since the lookback of the scenario is 6-months, would an event keep generating every month every month till it passes the 6-months thresholds? Or by excluding the ‘0’ record it will stop the generation at the next month?
Solution
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In this Document
| Goal |
| Solution |