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  1. Apache Fineract
  2. FINERACT-1554

Overdue fee being inherited from product to the existing loan accounts

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Details

    • Improvement
    • Status: Open
    • Major
    • Resolution: Unresolved
    • 1.6.0
    • None
    • Charges, Loan
    • None

    Description

      Overdue charges applied on the existing loans will get updated when the charge product is modified.
      The requirement is not to change the overdue config which is already attached to a loan account.
       
      For example:
      Existing
      1. Loan A created with an overdue charge of 2%
      2. change the charge from 2% to 5% at the charge product level
      3. New charge of 5% will be applied to  Loan A 
       
      Requirement
      The new charge of 5% should not be applied to  Loan A.
       

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            Unassigned Unassigned
            bgowda Bharath Gowda
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            Dates

              Created:
              Updated: