Software update 02/11/2019
List of software updates:
** 1. Limitation of the maximum debt of the borrower under the consumer credit (loan) agreement for a period of up to 1 year**
On January 28, 2019, amendments to the current legislation came into force, establishing a new single limit on the maximum debt of a borrower under a consumer credit (loan) agreement for a period of up to 1 year in the amount of 2.5 times the amount of such a loan. After reaching this amount, the law prohibits further accrual of interest, as well as the collection of penalties (fines, penalties), other payments and the application of other to the borrower.
Thus, a borrower who has borrowed, for example, 1 thousand roubles, at any time will not owe the lender more than 3.5 thousand roubles (the body of the debt plus accrued interest and other payments). The law stipulates that in the future, from July 1, 2019, the restrictions will amount to twice the loan amount, and from January 1, 2020 – 1.5 times.
In this regard, the BS software has improved the functionality of limiting interest accrual.
In the directory "History of restrictions on the calculation of interest", settings have been added to include Penalties in the database for the calculated amount of accruals
The accrual limits apply depending on the date of issue of the contract. If the date of issue of the contract is later than or equal to 28.01.19, then the restrictions of 2.5 of the granted main amount apply. At the same time, the restriction does not depend on the presence of delays or payments.
The previous restrictions (2-fold and 3-fold accrual) apply only to contracts issued earlier!
In addition, a limit of the daily interest rate of 1.5% per day is introduced, while at the same time limiting the maximum value of the full cost of the credit (loan). From July 1, 2019, the daily interest rate will be reduced to 1% per day.
The program has introduced an additional verification of the interest rate at the time of loan granting, but only for loans granted for a period of more than 1 year!
For loans issued for a period of less than a year, the interest rate must be correctly specified in the loan product. We also recommend installing an additional verification in the DMS.
**2. An additional field "Central Bank Key rate" has been added to the application and contract»**
To control the calculation and application of the penalty rate , an additional field "Central Bank Key rate" has been added to the loan product, application and contract»
When setting the Frequency of the key rate to "annual", all penalty rates are automatically adjusted to the daily rate according to the formula: Central Bank Key Rate/366, with the resulting value rounded to 5 decimal places. In this case, the value "366" can be changed to another one, if necessary, via request at support@brainysoft.ru
** 3. Increase in the maximum number of characters to store values in the client's field University.**
The maximum number of characters for the field highSchool in the client has become 300 characters
** 1. Limitation of the maximum debt of the borrower under the consumer credit (loan) agreement for a period of up to 1 year**
On January 28, 2019, amendments to the current legislation came into force, establishing a new single limit on the maximum debt of a borrower under a consumer credit (loan) agreement for a period of up to 1 year in the amount of 2.5 times the amount of such a loan. After reaching this amount, the law prohibits further accrual of interest, as well as the collection of penalties (fines, penalties), other payments and the application of other to the borrower.
Thus, a borrower who has borrowed, for example, 1 thousand roubles, at any time will not owe the lender more than 3.5 thousand roubles (the body of the debt plus accrued interest and other payments). The law stipulates that in the future, from July 1, 2019, the restrictions will amount to twice the loan amount, and from January 1, 2020 – 1.5 times.
In this regard, the BS software has improved the functionality of limiting interest accrual.
In the directory "History of restrictions on the calculation of interest", settings have been added to include Penalties in the database for the calculated amount of accruals
The accrual limits apply depending on the date of issue of the contract. If the date of issue of the contract is later than or equal to 28.01.19, then the restrictions of 2.5 of the granted main amount apply. At the same time, the restriction does not depend on the presence of delays or payments.
The previous restrictions (2-fold and 3-fold accrual) apply only to contracts issued earlier!
In addition, a limit of the daily interest rate of 1.5% per day is introduced, while at the same time limiting the maximum value of the full cost of the credit (loan). From July 1, 2019, the daily interest rate will be reduced to 1% per day.
The program has introduced an additional verification of the interest rate at the time of loan granting, but only for loans granted for a period of more than 1 year!
For loans issued for a period of less than a year, the interest rate must be correctly specified in the loan product. We also recommend installing an additional verification in the DMS.
**2. An additional field "Central Bank Key rate" has been added to the application and contract»**
To control the calculation and application of the penalty rate , an additional field "Central Bank Key rate" has been added to the loan product, application and contract»
When setting the Frequency of the key rate to "annual", all penalty rates are automatically adjusted to the daily rate according to the formula: Central Bank Key Rate/366, with the resulting value rounded to 5 decimal places. In this case, the value "366" can be changed to another one, if necessary, via request at support@brainysoft.ru
** 3. Increase in the maximum number of characters to store values in the client's field University.**
The maximum number of characters for the field highSchool in the client has become 300 characters