The faster you repay it, the less money you will have to pay from your budget.
Date: 4/15/2020 12:51:29 PM ( 6 mon ) ... viewed 34 times
Evaluate interest rates, read the individual terms of the contract (they should be in tabular form) and general conditions (set by MFIs unilaterally) best housing loan in sri lanka.
Carefully study the individual terms of the contract: they may indicate the conditions for additional services. They affect the amount you need to return.
Check the full cost of the loan. It must be indicated in the frame in the upper right corner on the first page of the individual conditions of the contract.
I took a microloan. What to remember?
Do not forget that microloan works for you only if you took it for a short time. The faster you repay it, the less money you will have to pay from your budget.
Interest and penalty
If you took a microloan after January 1, 2020 (inclusive), the total amount of all payments, including interest, fines, penalties, fees for additional services (for example, insurance) cannot exceed the loan amount by more than 1.5 times.
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