System Settings

Configure your lending system preferences. Changes apply immediately.


Interest Rate
%
Current rate: 40%
Preview: R1,000 + 40% = R1,400.00
Penalty & Restructure
%
Current penalty: 10% (Applied once, immediately after due date)
Example: R1,000 overdue = R1,100.00 (R1,000 + 10% penalty)
days
Current: 6 days (After this many days overdue, loan is restructured)
Example: Loan restructured after 6 days of non-payment (Balance + penalty becomes new principal + 40% interest)

✅ Enabled
Loans will be automatically restructured after 6 days overdue.
Currency Symbol
Current symbol: R
Preview: R1,000.00
System Overview
Interest Rate
40%
Penalty Rate
10%
Restructure After
6 days
Currency Symbol
R
Auto-Restructure
✅ Enabled
Last Updated
2026-09-30 10:44:07
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