Account Upload – 2024 Updates

Introduction

InDebted is committed to being an unparalleled partner in servicing our Clients' accounts. Our goal is to ensure that our processes are as compliant, efficient and effective as possible for your customers. To achieve this goal and further optimize our debt collection efforts, we're introducing the following additional requirements for account uploads:

Statute of Limitations

Header	Format	Description
OutOfStatuteDate	String date formatted as YYYY-MM-DD	Date when the statute of limitations expires.

If you do not provide the OutOfStatuteDate as calculated by you, then you must provide at least one of the following fields:

Header	Format	Description
DateOfLastPaymentReceived ⚠️	String date formatted as YYYY-MM-DD	Date when the last payment received from customer was processed. Can be blank if not applied. ⚠️ This date must be before referral time
ChargeOffDate	String date formatted as YYYY-MM-DD	Date when the account was charged off
DelinquencyDate	String date formatted as YYYY-MM-DD	Date when the account first became delinquent. This value cannot be changed.

Itemization

For Customers|Clients in the United States, the following fields are required, to enable delivery of a Notice of Assignment. You only need to provide one of MerchantName or Affinity.

Header	Format	Description
OriginatingCreditorLegalName *	String	The entity that made or underwrote the loan.
CurrentCreditorLegalName SOON will be Required	String	The name of the entity to whom the debt is currently owed.
ItemizationDateCreditor *	String	The name of the creditor to whom the debt was owed on the Itemization Date.
MerchantName ⚠️	String	Name of a business or entity that is co-branded with the issuer of the credit line. For example, where a credit card issued by ABC Bank is co-branded, with XYZ Store, "XYZ Store" is the merchant name. ⚠️ You must only provide one of MerchantName or Affinity.
Affinity ⚠️	String	Name of a business or entity that is affiliated with the issuer of the credit line. For example, where a consumer’s credit card issued by ABC Bank includes a logo for the College of Columbia, "College of Columbia" is the affinity name. ⚠️ You must only provide one of MerchantName or Affinity.
ItemizationDate	String date formatted as YYYY-MM-DD	The date on which the account was itemized. This value cannot be changed.
ItemizationDateBalance	Integer representing a monetary value in cents, e.g. 100 means $1.00	The balance of the account as of the itemization date. This value cannot be changed.
ItemizationDateType	String	The type/description of the date on which the account was itemized. This can be one of the following values: charge_off_date: the date the debt was charged off, last_payment_date: the last date a payment was applied to the debt last_statement_date: the date of the last periodic statement or written account statement, or invoice provided to the consumer by a creditor , transaction_date: the date of the transaction that gave rise to the debt. It is the date that the good or service that gave rise to the debt was provided or made available to the consumer judgment_date: the date of a final court judgment that determines the amount of the debt owed by the consumer. This value cannot be changed.
ItemizationDateAccountNumber	String	Account Number at Itemization Date - The account number associated with the debt on the Itemization Date, or a truncated version of that number.
FeesSinceItemization	Integer representing a monetary value in cents, e.g. 100 means $1.00	The amount accrued in fees between the itemization date and time of referral. This value cannot be changed.
InterestSinceItemization	Integer representing a monetary value in cents, e.g. 100 means $1.00	The amount accrued in interest between the itemization date and time of referral. This value cannot be changed.
PaymentsAndCreditsSinceItemization	Integer representing a monetary value in cents, e.g. 100 means $1.00	The amount accrued in payments and credits between the itemization date and time of referral. This value cannot be changed.

Date of Birth

InDebted does not collect on under-age customers. Date of Birth is now required to verify the age of the customer.

Header	Format	Description
DOB SOON will be Required	String data formatted as YYYY-MM-DD