Fast Cash LoansDo you know the situation that money are needed? I mean like in this very moment or ASAP? I know you do, otherwise, you wouldn't be here. There is nothing to be shy of, we all at least once in our lives struggled from this issue. Seeking for the solution we are asking our friends and relatives for help, in case of rejection we try our chances in the bank, but then get astonished by the amount of requirements or time needed to get a simple insignificant cash loan. But there are lending companies out there, whatever the purpose of your loan, be it for purchase, fee payment or just entertainment - you can get it fast and easy with them. Bad credit history? We can deal with that. Cash loan without work? Let's check the options available for you. You will never hear a ”no” right away. And the most precious thing about fast cash loans in Philippines is that you can do it even online, with minimum time spent. 30 minutes isn't much, right?
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Minimum maturity: 62 days (2 months). Maximum maturity: 365 days (1 year). Annual interest rate: from 120 to 680% per annum. An example of online loan repayment is available in the amount of 5,000 to 300,000 tenge inclusive, for a period of 10 to 12 weeks. Interest for using the loan is from 30 to 250 percent per annum. If you borrow 10,000 tenge for 60 days with an interest rate of 1.2% per day, you will be charged 1.2% per day, i.e. 120 tenge per day. It turns out you return the amount of interest equal to 7200 tenge, i.e. 120 tenge * 60 days. Thus, the total amount of return is made up of the loan amount of 10,000 tenge and the amount of interest accrued for 60 days. 7200 tenge and is equal to 17200 tenge. In case of a long delay in payment, the information will be transferred to the BKI. Extension of the loan is possible with timely informing the creditor (before the loan repayment date) and payment of interest for the initial term of the loan. There are no additional fees for loan extension. In case of delay, the amount of penalty is 0.10% of the amount of delay per day, but not more than 10% of the loan amount. In case of a long delay in payment, the information will be transferred to the BKI. Extension of the loan is possible with timely informing the creditor (before the loan repayment date) and payment of interest on the initial loan term. There are no additional fees for loan extension. What will happen if the borrowed funds are not repaid within the agreed term of the loan amount or the amount of interest for the use of borrowed funds, the lender is forced to charge a penalty for late payment. They are provided in case, for example, if the bank transfer took longer than usual. However, if you have not received any response from you over a long period of time, you will be charged a late payment fine of an average of 0.10% of the original amount for loans and 0.03% of the average amount for consumer loans and credit cards. If you do not meet the conditions for repayment of loans and borrowings, your details may be transferred to the debtor register or BKI, which may adversely affect your credit history and credit rating. Debt may be transferred to a collection agency for debt collection. It is not possible to extend the loan if there is a delay. By repaying the debt on time, you form a good credit history, which increases your credit rating and chances of getting a loan on more favorable terms. Examples of standard loan calculation Example for MoneyMan. The loan amount is 50,000 tenge, the term: 70 days, repayment of 10 weekly payments of 5,000 tenge for each contribution, the interest rate is 0% per day, the total cost of the loan is 50,000 tenge, including: commission 0 tenge. The total amount to be repaid is 50000 tenge, annual interest rate: 0% (as of 17.1.2019). The loan amount is 50,000 tenge, term: 70 days, repayment of 10 weekly installments of 12,000 tenge for each contribution, interest rate of 2% per day, total cost of the loan is 120,000 tenge, including: commission fee is 70,000 tenge. The total amount to be paid is 120000 tenge, annual interest rate: 730 % (as of 17.1.2019).
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