Understanding Your Loan Terms and Interest

Overview
Transparency is our priority. Before signing your loan agreement, please take time to understand your loan terms, interest rates, and payment schedule.

Key Details Explained

• Principal Amount: The total amount borrowed.

• Interest Rate: Percentage of your loan charged per month.

• Processing Fee: A small service fee deducted from your first disbursement.

• Repayment Period: The number of months you have to pay off your loan.

• Due Dates: Payments must be made on or before the due date to avoid penalties.

Example Calculation:
If you borrow ₱10,000 with a 3% monthly interest over 6 months, your total interest is ₱1,800 (₱300/month).

Need help?
You can always contact our support team for a sample computation or clarification before signing.