Article Details
Id: | 16764 |
Product: | finPOWER Connect |
Type: | NEW |
Version: | 3.03.00 |
Opened: | 19/02/2020 |
Closed: | 25/02/2020 |
Released: | 01/05/2020 |
Job: | J023759 |
NZ High-Cost Consumer Credit Contracts; add "New Zealand Rate of Charge" Comparison Rate
A new Comparison Rate type of "New Zealand Rate of Charge" has been added. This is to support High-Cost Consumer Credit Contracts in New Zealand.
Note, a High-Cost Consumer Credit Contract is prohibited from charging more than a maximum Rate of Charge of 0.8% per day; calculated in accordance with the regulations.
The following built-in Summary Page has been updated:
* SummaryPage2_Account_Financial
* Version: 2.02 (20/02/2020)
The following standard Summary Page block has been updated:
* Account_ComparisonRate
* Version 1.03 Last updated 17/03/2020