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Just about every lender in our network has their particular plan In regards to late payments. Prior to deciding to agree to a loan you may be provided with the data regarding the implications of making late payments.
The handling charge is billed at some time of loan disbursement and will range from one% to 5% of your loan volume. The late payment charge is billed if the borrower fails for making the payment in time, as well as the early settlement payment is billed if the borrower repays the loan before the because of date.
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