Mihaly Dallos created FINERACT-2059:
---------------------------------------
Summary: Re-Aging of overdue loan (aka settlement plan)
Key: FINERACT-2059
URL: https://issues.apache.org/jira/browse/FINERACT-2059
Project: Apache Fineract
Issue Type: New Feature
Reporter: Mihaly Dallos
h3. Re-aging
Re-aging also known as Settlement Plan is to assist customers who are in duress
around repaying their loans;
The goal is to create a new set of Installments for the same loan account from
the principal outstanding pending on the loan account
For example, for a customer who is severely behind on payments, they could
agree to a settlement plan where instead of having to pay now, it could be
spread over the next 12 months, paying back the remaining 750 euro balance but
over 10 equal payments.
--
This message was sent by Atlassian Jira
(v8.20.10#820010)
