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In case you don’t repay a short-expression mortgage punctually, you could possibly finish up owing a number of occasions the quantity you borrowed. Thoroughly review your finances as well as the mortgage cost to be sure it matches your price range. Even so, they have to supply you with the

A late repayment payment of one% flat per month, shall be utilized to the superb unpaid obligation with out recourse into the borrower. If your Borrower s use with the loan exceeds the organized Restrict, fascination are going to be charged on the excess total in a rate earlier mentioned the desi

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