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step 1. Loan fees period of ranging from 90 days and 365 months 2. Mortgage number ranging from 250 so you’re able to 50,100 3. Interest rate out-of 2% to 15% & a maximum Annual percentage rate from 29% 4. Top ups with just partners ticks 5. Deadline extensions six. Limitation boost that have early or fast money. eight. Operating percentage 0
Member example : A loan away from fifty,100000 which have an installment chronilogical age of 90 days will receive a keen attention out-of 2,500 (seven.5% interest rate). The total amount repayable might be 52,five hundred. You will not getting billed an amount over the provider commission, with the Apr. The latest handling fee was 0. The newest payment : step 3 monthly installments off 17,five-hundred 30 days is required to clear the aforementioned amount.
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