LN Loan Information
To specify information about the loan
Reference number or identification number as defined for a particular Transaction Set, or as specified by the Reference Number Qualifier.
LN01 is the loan number.
LN02 is the account balance.
Code indicating the date format, time format, or date and time format.
P0304: If either LN-03 or LN-04 is present, then the other is required
Expression of a date, a time, or range of dates, times or dates and times.
LN04 is date of loan.
Code indicating frequency or type of payment.
P0506: If either LN-05 or LN-06 is present, then the other is required
LN05 is the payment frequency.
LN06 is the payment amount.
Percentage expressed as a decimal
LN07 is the interest rate of loan.
Code indicating a Yes or No condition or response.
LN08 designates whether this is an open or closed end loan. A ``Y'' designates open end loan. A ``N'' designates a closed end loan.
Code identifying the reason the loan is needed.