Lease Status Field Descriptions

The table describes the fields in the form for updating lease status.

Field

Description

Field

Description

Status Date

Date lease status information was updated.

Method

Method of update. Manual

Valid Thru

Date through which the updates are current.

Buyout (Ret)$

Amount to buyout lease and return to leasing company.

Term

Number of payments.

Buyout (Own)$

Amount to buyout lease and keep equipment.

# Pymts Remain

Number of payments remaining on lease.

Upgrade (Ret)$

Amount to upgrade lease and return equipment.

Days Delinq

Number of days a payment is delinquent.

Upgrade (Own)$

Amount to upgrade lease and keep equipment.

Pymt Next Due

Date when next payment is due.

Payoff (Ret)$

Amount to pay off lease and return equipment.

Past Due$

Amount past due.

Payoff (Own)$

Amount to pay off lease and keep equipment.

Delinq 30/60/90

Amount past due 30 days, 60 days, and 90 days.

Payoff (Ven)$

Amount Competitor is buying out lease (highest price).

Status

Status.