Tiered Fee Configuration Added

Bystian.andreassen@wakandi.com

Overview

  • Purpose: To implement different loan application fees depending on the size of the loan.
  • Benefit: Greater flexibility and customization in fee management.

Benefits

Click into “Range” option to attach the different fees required for a specific range of amount(s)
  1. Customization: Tailor fees to specific loan ranges, making it more equitable.
  2. Competitive Edge: Attract a wider range of borrowers by offering varied fee structures.
  3. Transparency: Clear fee structure based on loan amounts can enhance borrower trust.

This enhancement can significantly improve the loan application process and borrower satisfaction! If you need help with specific implementation details or further analysis, feel free to ask!

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