Punishment for non payment of personal loan in dubai

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Punishment for non payment of personal loan in dubai

14 APR • Late Fee: 20 charge, 521. 43 APR • Short Term Loan: 10 charge, 260. 71 APR. Implications of Late Payment. If you are unable to repay your loan on time for any reason, please contact your lender as soon as possible. Late payment fees are set by your lender in accordance with the regulations in your state, and lenders also determine their own policies in regard to how they handle late payments.

Punishment for non payment of personal loan in dubai

Building a good credit history with MoneyMe is simple. Repay your loan in full and on time and you may gain access to larger loans and cheaper costs in future. Responsible lending.

Thanks to our transparent personal loans structure, youll always understand exactly what youre signing up for and there are no surprises. Repayments on our cash loans are straightforward and scheduled according to your pay cycle. We will set up your direct debit as soon as your loan is approved and youll also receive repayment reminders in advance.

Punishment for non payment of personal loan in dubai