Situations arise during the management of data sets when changes or adjustments to borrowers’ data are necessary.
Sometimes a second borrower has to be added if the credit rating of the first borrower deteriorates or an existing borrower defaults.
Hence, the necessary adjustments to a loan can be made in restoration or restructuring processes in order to ensure the capacity to make principal payments.
In this case, detailed customer information is provided from the partner data system. This may include the information on economic conditions already provided, besides customer and personal data.
Excerpt of borrower information:
| Sector | Data |
|---|---|
| General data | Names |
Customer number | |
Customer type | |
Legal form | |
Advisor/branch | |
Legal capacity | |
Sector diagram | |
| ... | |
| Customer and contact information | Main address |
Other postal addresses | |
Telephone numbers | |
E-mail addresses | |
| ... | |
| Personal data | Marital status |
Children | |
Place/date of birth | |
Nationality | |
Housing status | |
| ... | |
| Economic situation | Income |
Other income | |
Rent/additional charges | |
Maintenance obligations | |
Funding rate | |
Other expenses | |
| ... | |
| Employment conditions | Employment type |
Employer | |
Time limit | |
| ... | |
| Identity information | Identity document |
Validity information | |
Authorities | |
| ... |