Credit products
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Business context:
Credit products define the lending conditions offered by the financial institution (FI), such as loan duration, interest rate, amount, grace period, commissions, contract templates, and collateral, based on customer characteristics.
In timveroOS, there are two key entities: the credit product and its additives:
Credit Product: This entity groups additives by common features such as type of financing, contract template, loan amount range, and loan term. The product's attributes set the overall lending conditions and their possible ranges.
Additives: These specify additional details about the credit product, including collateral requirements and, if applicable, customer categories based on the customer profile.
Here is an example of a Product creation form:
Here is an example of a rendered product:
