19/09/2022
Loan Information:
Loan amount: ₱ 2,000.00 - ₱ 20,000.00
Loan term: 96 days (shortest, including renewal time) - 365 days (longest, including renewal time)
Maximum APR: 24%
Fees:
Service fee: Minimum 10%, Maximum 20%
Channel fee: Charge by third party
Transaction Fee: 0
For Example:
360-days(12 months) loan with interest rate of 24%, and principal amount is ₱5000
Total Interest fee: ₱5000*24%= ₱ 1200
Service fee 10%: ₱5000*10%= ₱ 500
Total repayment : ₱ 1200+₱500+₱ 5000=₱ 6700
Monthly repayment: ₱6700/12=₱558.34
