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Penalties charge time


Hi guys,

 

Penalties are charging every time a client skips a repayment. We need it to
charge the penalty only after the loan matures if the loan hasn't been paid
off in full. The arrears tolerance in the loan product are already set as 7.
But it's charging 7 days after someone skips a payment and not 7 days after
the 5 weeks have elapsed.

 

Kind regards.

Sifiso