Article Details
| Id: | 16881 |
| Product: | finPOWER Connect |
| Type: | NEW |
| Version: | 3.03.00 |
| Opened: | 26/03/2020 |
| Closed: | 07/04/2020 |
| Released: | 01/05/2020 |
| Job: | J024066 |
Account Exception Report; added option to include New Zealand High-Cost Consumer Credit Contract exceptions
The Account Exception Report now has an option to include New Zealand High-Cost Consumer Credit Contract exceptions.
Note, this option will also report on Consumer Loans where:
- Regulation is not "NZ High-Cost Consumer Credit Contract"
- Opened on or after 1st June 2020
- Total Interest Rate is >= 50%
This indicates that the Loan should have been a High-Cost Consumer Credit Contract.