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.