Author Topic: New LC HArdship Plans and Folio  (Read 1695 times)

jpildis

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New LC HArdship Plans and Folio
« on: April 14, 2017, 06:27:50 PM »
Does anyone know if/how loans that are in LC's new Hardship program will be noted as such on folio?  I've sent a question to LC and I will share whatever I get back.

My obvious concern is that a note will be on a hardship plan and it will still show current on LC & Folio.  There are going to be new fields showing the hardship status but I'm sure the brainiacs at Folio won't add that to the screening options.

fliphusker

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Re: New LC HArdship Plans and Folio
« Reply #1 on: April 14, 2017, 06:42:34 PM »
This thread may help a bit. My assumption is that notes in hardship plan will show a tag on them like payment plans currently do. But like you said, you never know how poorly ran FOLIO is. Guess we will see in about 3 weeks.
http://forum.lendacademy.com/index.php/topic,4395.0.html