Article Details

Id:	12588
Product:	finPOWER Connect
Type:	FIX
Version:	2.02.04
Opened:	23/01/2015
Closed:	27/01/2015
Released:	13/02/2015
Job:	J014783
High Importance
Breaking Change

Restructured Loan Accounts; the grace period for Payments may not work as expected

After a Loan Account is restructured the grace period for Payments may not work as expected.

This means Payments may not be re-dated to their due date if within the grace period - and amongst other things Interest and Default Interest may be charged at a higher value.