What details are included in a Negative Records Asset Report?

What details are included in a Negative Records Asset Report?

In an Asset report, you'll find a summary page that includes essential applicant information like their name, phone number, and email address. This summary also presents an overview of the applicant's connected bank accounts, listing the institution's name, the account details, and the current account balance.

When it comes to identifying negative records within these bank accounts, the report offers a comprehensive breakdown. This includes the total count of overdraft or NSF (Non-Sufficient Funds) incidents that occurred within the specified timeframe, along with the total monetary value associated with these events. Additionally, you'll find a monthly summary detailing negative events within the chosen timeframe, including the average dollar amount for each negative occurrence.

The report doesn't stop there; it also furnishes information on the number of days since the last negative event occurred, the total daily ending activity, the number of days since the last negative balance, and the average daily negative activity. These details provide a thorough understanding of the applicant's financial history and behavior.


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