Hi Lionel, Thanks for raising this question on the lists. I will defer to Nazeer to follow up and reply about this but I would like to also see us be able to easily calculate and display the APR as part of client protectionism and transparency efforts.
It was on our roadmap a while back but nobody ever picked it up. It would be great to be able to easily display the APR for a loan product inclusive of fees so this could easily be disclosed to a client. Ed On Tue, Apr 11, 2017 at 4:23 PM, Lionel Raymundi - Poincenot < [email protected]> wrote: > Hi guys, > > I need to get the Effective annual interest rate of a loan as defined in > [1] > I have not found this rate information in any service, is it being > calculated anywhere? If it is not, could I add it to the response of the > following services? > .- POST Calculate loan repayment schedule > .- GET retrieve a loan > > Thanks! > > Lionel > > [1] http://www.investopedia.com/terms/e/effectiveinterest.asp > -- *Ed Cable* President/CEO, Mifos Initiative [email protected] | Skype: edcable | Mobile: +1.484.477.8649 *Collectively Creating a World of 3 Billion Maries | *http://mifos.org <http://facebook.com/mifos> <http://www.twitter.com/mifos>
