Loan Term
Loan Terms and Conditions
Loan Amount: The loan amount you are approved for can vary based on multiple factors, including your spending history, repayment history, and account activity. The maximum loan amount is determined at our discretion.
Interest Rate: The interest rate on your loan may vary and will be automatically deducted from any deposits made to your account. The specific rate is determined based on various factors and may change over time.
Repayment Term: You are required to repay the loan within the agreed term. Failure to repay by the due date may result in additional charges. Repayment amounts will be automatically deducted from your account balance on a scheduled basis.
Loan Approval: We reserve the right to approve or deny any loan application. Approval is not guaranteed and is based on a comprehensive review of your account.
Eligibility Criteria: Eligibility for a loan is based on a variety of factors, including but not limited to account verification status, spending habits, order history, and account longevity. The exact criteria and thresholds are subject to change and are determined at our discretion.
Fees: The loan fee is calculated based on the interest rate applicable to your loan. If the loan is not repaid by the due date, additional charges may apply, including the possibility of the fee doubling.
Repayment: Loan repayments will be deducted from your account balance automatically. The repayment amount is adjusted based on your outstanding balance and recent deposits.
Loan Amount: The loan amount you are approved for can vary based on multiple factors, including your spending history, repayment history, and account activity. The maximum loan amount is determined at our discretion.
Interest Rate: The interest rate on your loan may vary and will be automatically deducted from any deposits made to your account. The specific rate is determined based on various factors and may change over time.
Repayment Term: You are required to repay the loan within the agreed term. Failure to repay by the due date may result in additional charges. Repayment amounts will be automatically deducted from your account balance on a scheduled basis.
Loan Approval: We reserve the right to approve or deny any loan application. Approval is not guaranteed and is based on a comprehensive review of your account.
Eligibility Criteria: Eligibility for a loan is based on a variety of factors, including but not limited to account verification status, spending habits, order history, and account longevity. The exact criteria and thresholds are subject to change and are determined at our discretion.
Fees: The loan fee is calculated based on the interest rate applicable to your loan. If the loan is not repaid by the due date, additional charges may apply, including the possibility of the fee doubling.
Repayment: Loan repayments will be deducted from your account balance automatically. The repayment amount is adjusted based on your outstanding balance and recent deposits.
Updated on: 21/09/2024
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