.
.

Transaction Descriptions

Below you will find an explanation of the transaction descriptions listed on your new detailed statement.

RATE CHANGE The rate change will print on statement to denote rate changes that have occurred in this billing cycle
PRIOR PERIOD PRIN ACTIVITYPrincipal activity has occurred since last statement prepared date; adjustments made to interest due
PRIOR PERIOD RATE ACTIVITY Rate activity has occurred since last statement prepared date; adjustments made to interest due
PRIOR PRIN & RATE ACTIVITYPrincipal and Rate activity has occurred since last statement prepared date; adjustments made to interest due
PRIOR PRIN ACT + MANUAL ADJ Principal activity, Rate Activity and manual adjustments have occurred; since last statement prepared date
PRIOR RATE ACT + MANUAL ADJ Rate activity and manual adjustments have occurred since last statement prepared date
PRIN & RATE ACT + MAN ADJ Principal activity, Rate activity and manual adjustments have occurred since last statement prepared date
CREDIT Credit is applied for a specific interest, principal or fee to decrease the current charges for the current billing cycle
MANUAL ADJUSTMENT Adjustment to interest balance either add or subtract, depending on the adjustment
PRIN PYMNT RVSL Reversal of principal payment
INT PYMNT RVSL Reversal of interest payment
LT CHRG PMT REVReversal of late charge payment
PAST DUE - INT Unpaid Interest Past Due
PAST DUE - PRIN Unpaid Principal Past Due
PAST DUE - LT CHG Unpaid Late Charge Past Due
PAST DUE - FEES Unpaid Fees Past Due
PREV INT BILLED Interest amount that has been previously billed
PRINCIPAL DUECharge for principal this billing cycle
INTEREST DUE Charge for interest this billing cycle
LT CHG DUECharge for late charge this billing cycle
FEES DUE Charge for fees this billing cycle
CURR PRIN PYMTPrincipal Payment
CURR INT PYMT Interest Payment
CURR LT CHG PYMTLate Charge Payment
FUTR FEE PYMT Future Fee Payment
FEE PYMTFee Payment
ADVANCE PRINC Advance of Principal
DISBURSEMENT Money disbursed and/or effective date of loan or line set
RENEWAL PAYOFF Amount of renewal for payoff
DECREASE PRINCIPAL BALANCE Decrease Principal balance
ADVANCE INCREASE Increase to the Commitment and Unused amount on Line of Credit
FUT DECREASE Decrease to the commitment and unused amount on Line of Credit
DECREASE UNUSED Decrease to the available amount only, on Line of Credit
INCREASE UNUSED Increase the available amount only, on Line of Credit
INCREASE COMMITMENT Increase to the commitment amount only, on Line of Credit
DECREASE COMMITMENT Decrease to the commitment amount only, on Line of Credit
NON-DIS INT RBT Interest amount rebated for over-payment of interest

* Interest only schedules with principal either quarterly, semi-annual, annual or at Maturity will show the detailed principal transactions that have occurred since the last principal statement.