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Mobile and desktop clients
The borrowing process
submission of Loan application
Received the loan
Repayment interest
Pledge of return
Q&A
How is interest calculated?
Interest = Amount of money borrowed * daily interest rate * Duration of loan (interest will be calculated on the day of successful loan, and less than 1 day will be considered as 1 day)
How to calculate overdue interest?
Overdue interest = Amount of borrowed money * Daily interest rate *110%* Days of default (calculated on the basis of natural day, less than 1 day is considered as 1 day)
Does it support prepayment?
support, advance repayment remaining term 50% interest as liquidated damages to the lender.
What happens after the deadline?
After OVERDUE, INTEREST CAN BE CALCULATED ACCORDING TO AGREED INTEREST 110%, OVERDUE 3 DAYS (NATURAL DAY) HIND, CAN FORCE OPEN A STOREHOUSE, REPAY CAPITAL TO PAY INTEREST TO LENDER AFTER SELLING MORTGAGE, RESIDUAL CAPITAL RETURNS BORROWER.
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