Interesting Pay Plan Facts
The following points describe a variety of interesting facts about pay plans (PP):
- An account may have many active pay plans. However, only 1 pay plan may be active for a given account / debt class / payor at any point in time.
- The existence of a pay plan has no impact on payment distribution.
- When a SA is stopped, if the SA's debt class has an active PP
AND there are no other active SAs in the same debt class, the PP
will be cancelled
- The cancel reason will be "cancelled by system" (as opposed to "cancelled by user")
- If necessary, different collection / severance processes can be triggered if a broken PP is detected (via the override algorithms on CCC and write-off control - we do NOT provide such algorithms).