How are credit rating transactions created?

Credit rating transactions may be created as follows:

• Certain types of severance events add credit rating transactions. The number of credit rating and cash-only points is defined on the severance event type.
• Certain types of severance events add credit rating transactions. The number of credit rating and cash-only points is defined on the severance event type.
• Certain types of write-off events add credit rating transactions. The number of credit rating and cash-only points is defined on the write-off event type.
• If a payment tender is canceled with a cancellation reason that indicates the cancellation was due to non-sufficient funds, a credit rating transaction is created. The number of credit rating and cash-only points is defined on the payment cancellation reason code.
• You may configure your system to create a credit rating transaction when a pay plan is broken. To do this, you must plug in an appropriate Broken Algorithm on the pay plan type.
• A user may create credit rating transactions at their discretion.
• Algorithms may add credit rating transactions. The system provides sample overdue event and cut event activation algorithms that add credit rating transactions. Refer to C1-OE-CR-RT and C1-CE-CR-RT for more information. Some examples of algorithms your implementation may decide to introduce: the creation of a late payment charge. To do this you could introduce a new adjustment freeze algorithm.