An upfront administrative fee of not more than ten per cent (10%) of loan principal.
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 of not more than four per cent (4%) per month of late repayment.
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.