EBU Single Rulebook Q&A 5 October 2020 2020_5532 Weighted Average Life calculation for Credit Card Receivables without fixed repayment scheme
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European Union · · · 15-07-2022
Can you provide guidance on how to determine the weighted average life and the residual maturity, of credit card exposures where instalments can vary every month from a minimal amount, mainly covering interest, to the full outstanding balance, fully depending on the preferences of the obligor?
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