NEW3.03.00 · Released 1 May 2020
NEWfinPOWER Connect
Released in
3.03.00
1 May 2020
- Opened26 Mar
- Closed7 Apr
- Released1 May
Article 16881
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.