Ideas for the Mambu App

Flat Repayment Amount for Revolving Credit

What

Add Flat Repayment Amount option for Revolving Credit which would be a fixed flat amount expected with each installment.

Why

Currently Mambu supports various repayment amounts options, such as Minimum Principal Repayment Amount and so on. Nonetheless there are use cases when EMI (equal flat monthly installments) and as such a Flat Repayment Amount expected is applicable, especially in the context of credit cards.

  • Monica Branzan
  • Jan 8 2019
  • Planned
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