Loan Proof
Loan Proof is the short list of things a man can be asked to produce with a loan application: a medical bill, a fee voucher, an estimate for house repairs. You set the list up once, and the loan screens then tick off which of them a particular loan needs.
What it is for
A client's loan policy usually asks for evidence. A medical advance needs a bill, a children's education advance needs a fee voucher, a house repair advance needs an estimate. Without a list, each loan officer asks for whatever he remembers.
This screen is that list. It is short, it changes almost never, and both Employee Loan Request and Employee Loan data read it to build their proof lines.
Every field, in plain words
| Field | What it means | What to put in it | Notes |
|---|---|---|---|
| Loan Proof | The code for this proof | MEDICAL | Required. Short and readable. It appears on the loan screens, so make it something a loan officer recognises |
| Name | The proof in words | Hospital bill or prescription | Required. Write it as an instruction, so the officer knows what to ask for |
| Required Supporting Document | Whether a document has to be produced for this proof | Ticked | Tick it where the client's policy requires the paper itself to be held on file |
| Block | Stops the proof being used on new loans | Leave it clear | Tick it to retire a proof the client no longer asks for. Existing loans keep the proof lines they already have |
How to configure it
- Ask the client for their loan policy and read off the list of documents it asks for.
- Add one record per document, with a code the loan officer will recognise and a name written as an instruction.
- Leave Block clear.
- Save each one.
Scenarios
The client has stopped asking for a salary certificate
Tick Block on that record rather than deleting it. Loans already on file keep their proof line, which is what you want when somebody asks a year later what was produced at the time.
What it is connected to
- Read by Employee Loan Request and Employee Loan data to build their proof lines.
If something looks wrong
- "The proof list on the loan screen is empty" - no proofs have been set up here yet, or every one of them is blocked.
- "A proof we blocked still shows on an old loan" - that is correct. Blocking stops it being chosen on new loans and leaves the record of what was asked for in the past.