Loan Fees and Charges

Administration Fee

An upfront administrative fee of not more than ten per cent (10%) of loan principal.

Interest Rates

Interest of not more than four per cent (4%) per month.

Late Payment Fee

A late payment fee of not more than $60 per month.

Late Interest

Late interest of not more than four per cent (4%) per month of late repayment.

Default Payment

All Legal fees incurred to recover the loan amount, interest, late fees and any other charges as stated in our loan agreement will be fully borne by the Borrower &/or the Surety.

Note: The above terms are applicable to personal loans only.