Cash advance deduction letter

Small Loan example Loan amount 1,000. In the above example, you will pay: Adjusted Credit Amount: 1,000. 00 (what you receive) Establishment Fee: 200. 00 (set by NCCP at 20 of the loan amount) Monthly Permitted Fee: 40.

00 per month cash advance deduction letter on the anniversary date of the loan Amount of Credit of the Loan: 1,240. 00 Nominal Percentage Rate (Interest) per annum: 0 as defined by NCCP Comparison Rate: 201. 9447 as defined by NCCP Total Amount of Interest Payable: NIL Total Number of Repayments: 16 Consisting of 16 payments of 85.

00 Total amount of repayments: 1,360. Example of a Medium Amount Loan. You need 2,500.

Cash advance deduction letter

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Cash advance deduction letter

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Cash advance deduction letter