Article Details
Id: | 10683 |
Product: | finPOWER Connect |
Type: | NEW |
Version: | 1.06.05 |
Opened: | 12/11/2012 |
Closed: | 12/11/2012 |
Released: | 26/11/2012 |
Job: | J010707 |
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Residual Value; no longer limits expected payments during Loan Term
Account calculations no longer limit the expected payment before the Maturity date if the Account has a Residual value.
Previously you had to check the "Allow Credit/ Zero balance before maturity date?" on the Account Type.
Note, this also affects Direct Debit payments.