Epic:
SM-959
-
Get an overdraft
Resolved
Priority: as per Jira
Effort estimate: as per Jira
Review status: approved
Role: client
Objective:
Once user has an overdraft that is less than her max credit line, she can apply for more OD, up until her original limit. End of grace period does not change.
Reason
Users can fully utilize the OD during grace period.
Functional requirements:
pls see the technical documentation here Loans Technical documentation
UI requirements
n/a
Process flow:
as per wireframe: SaFi dashboard → Loans overview screen → Overdraft overview page → 'Take more' button: regular Get Loan process starts
Execution steps:
Pls refer to the workflows here: Overdraft Technical documentation
Internal dependencies:
Same dependencies apply as the original overdraft approval flow Enable user to get OD loan
Integration with Risk engine might be needed in extreme cases: OD credit limit changes during grace period
External dependencies:
n/a
Alternative scenarios:
User can apply for overdraft only once, ‘Take more button’ is hidden from screen
Acceptance criteria:
Get More button at Loan Center is clickable
Amount of previously approved OD(s) is correct on the OD Loan Center and Take More screens
When getting more and more OD:
maximum limit of OD does not change (though in extreme cases OD credit line might be recalculated: fraud prevention reasons, etc.)
grace period does not change
the fixed fee (applied between day 30 to 60) is increasing. The higher fees are displayed on the Take More screen, once customer moves the amount slider around.
IR (applied for 60+ days) might be increasing.
The additional OD amount is credited to the main account asap.
OD activity log has a new entry about the additional OD.
Links to wireframes/UI: https://www.figma.com/file/0LEEFZgkUnPkPTkY9PMREt/SaFi---WF-%26-UI-(Shared)?node-id=5208%3A53119