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Introduction - BNPL Refinancing

Summary​

Refinancing consists of generating a new credit contract to settle a previous one. The flow works the same way as a simple debt issuance, however, when the operation values are provided, the sum of the present value of the previous contracts will be retained and only the surplus, if any, will be released to the borrower's account.

Refinancing Flow​

  1. Present value inquiry: Query the present value of the original operation to determine the amount needed for settlement
  2. Simulation: Simulate the refinancing with the new operation data and the reference to the original operation
  3. Creation: Create the refinancing by providing the list of operations to be settled in refinanced_credit_operations
Important

The payload used for both simulation and creation of a refinancing is the same as a simple debt, with the addition of the list of operations to be settled in refinanced_credit_operations.