Paystrings are utilized on the loan level and provide us insight on the current standing of each individual loan. Paystrings are broken up by asset class:
Consumer Unsecured:
- "Current": C
- "1 - 29 Days Delinquent": 1
- "30 - 59 Days Delinquent": 2
- "60 - 89 Days Delinquent": 3
- "90 - 119 Days Delinquent": 4
- ">= 120 Days Delinquent": 5
- "Charged Off": O
- "Paid Off": P
- "Paid Off - Negative Balance": P
- "Removed" : R
Student Loans:
- "Current": C
- "Deferred": G
- "Forbearance": Y
- "Late (16 - 29 DPD)": 1
- "30 - 59 Days Delinquent": 2
- "60 - 89 Days Delinquent": 3
- "90-119 Days Delinquent": 4
- "Defaulted": D
- "Charged Off": L
- "Sold - Repurchased / Third Party": X
- "Paid Off": P
- "Paid Off - Negative Balance": P
Mortgage:
- "Foreclosure": F
- "Paid Off": P
- "30 - 59 Days Delinquent": 2
- "60 - 89 Days Delinquent": 3
- "90 - 119 Days Delinquent": 4
- "120 - 149 Days Delinquent": 5
- "150 - 179 Days Delinquent": 6
- ">= 180 Days Delinquent": 7
- "Current": C
- "REO": R
- "Credit Event": D
- "Removed" : X
- "Charged Off": D
- "Sold - Repurchased / Third Party": X
Small Business:
- "Pipeline": R
- "Issuing": I
- "Canceled": X
- "Current": C
- "Late (16 - 29 DPD)": 1
- "30 - 59 Days Delinquent": 2
- "60 - 89 Days Delinquent": 3
- ">= 90 Days Delinquent": 4
- "Defaulted": D
- "Charged Off": O
- "Bankruptcy": B
- "Paid Off": P
- "Paid Off - Negative Balance": P
- "Sold - Repurchased / Third Party": S
- "Sold - Debt Sale": S
- "Sold": S
- “Repurchased": S
- "Forbearance": F
- "Grace": G
- "Deactivated": D
- "Suspended": S
- "Deactivated, Suspended": T
Auto:
- "30 - 59 Days Delinquent" : 2
- "60 - 89 Days Delinquent" : 3
- ">= 90 Days Delinquent" : 4
- "Charged Off" : O
- "Current" : C
- "Late (16 - 29 DPD)" : 1
- "Paid Off": P
- "Paid Off - Negative Balance": P
dv01 maps pay string fields straight from the data provided to us by the originators.