Tue, Jun 14, 2011

Version 4.0.4 of Redress manager was released today, incorporating additional functionality for:

• PPI - new lenders added along with new calculation methods

• Rate calculator - new feature to calculate interest rate (nominal or APR) based on method selected, amount paid and amount borrowed

• System generate - we have added in the ability to calculate payment differences for ALL the periods selected, thereby saving time on churned loan cases

• New balance operator added to calculate increase / decrease between lender tabs.

These new features improve the flexibility of the system when processing cases.