EBA NPL.Loan.Chargeoff Date
Definition of Loan / Charge-off Date
Loan.Charge-off Date: Date when the Loan went into charge-off. A charge-off is the declaration by the Institution commonly on Unsecured Retail when the Borrower is severely delinquent, and the Institution starts the recovery process officially.
- EBA Field Index 7.075
- Documentation Entry 197
Description
"Charge-off Date" is the date when the loan went into charge-off Where a charge-off is the declaration by the Institution commonly on unsecured retail when the Borrower is severely delinquent, and the Institution starts the recovery process officially A Charge-off does not mean a write-off of the debt entirely.
Field Characteristics
The field type is a Date in the format dd/mm/yyyy.
The field's importance for the Loan Tape is Critical.
The field belongs to the EBA NPL Loan Table.
The field applies to all of the 7 EBA NPL Asset Classes.
The field is applicable to all borrower types.
The field is Not Confidential
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions
