Hello Niklas,

 

Have you explored the option of overdraft savings account?

 

With a credit card facility, you are normally given a limit and there is no
fixed repayment schedule..

 

With the OD account available in Fineract 1.x, you can specify overdraft
limit and configure other terms as applicable in credit card accounts.

 

Regards;

*******

Zayyad A. Said | Chairman & C.E.O

Cell No.: +254 716 615274 | Skype: zsaid2011

Email:  <mailto:[email protected]>
[email protected] 

Schedule Meetings:  <https://calendly.com/zayyadsaid>
https://calendly.com/zayyadsaid 



 

From: Niklas Uhrberg <[email protected]> 
Sent: Monday, October 21, 2019 5:39 PM
To: [email protected]
Subject: About support for revolving credit in Fineract

 

Hello, this question is more about the functionality offered by Fineract
(1.x or CN) than a technical question. 

 

Reading the documentation and looking at the Community App interface I
conclude that there is no support for credit card type of credit a.k.a.
revolving credit. In this type of credit product there is usually no fixed
repayment plan e.t.c. 

 

I want to be certain that I don't conclude in error here.

 

Best regards Niklas


 






Niklas Uhrberg


Konsult


IT Development | Loans & Credit

                

 



Resurs Bank AB

                

 



Växel: 

+46 42 38 20 00


E-post:

 <mailto:[email protected]> [email protected]


Webb:

 <http://www.resursbank.se> www.resursbank.se

                

 

 

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