Personal loan interest rates mauritius

The result of this scheme. The borrowers paid much more than the stated cost of their loans. In a typical example, a person borrowed 300 with a stated one-time finance fee of 90. The borrower expected that the loan would be repaid in a single withdrawal of 390. But the lender began a series of automatic withdrawals, assessing a 90 finance charge each time.

By the last withdrawal, the borrower would have paid 975 instead of 390 to repay the loan.

Personal loan interest rates mauritius

All financial terms of the loan will be provided to you by the lender. Loan terms, conditions, and policies vary by lender, state, and applicant qualifications. For details, questions, or concerns regarding your loan please contact your lender directly. In some situations, faxing may be required. Cash transfer times may vary between lenders and may depend on your individual financial institution.

Loan repayment periods vary by lender and state. Borrow Responsibly †A short-term loan is ideally used for short-term financial needs only, not as a long-term financial solution.

Personal loan interest rates mauritius

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Personal loan interest rates mauritius