Loan Restructuring Product
- The maximum limit shall be 4x one’s savings subject to the societys’ approved limit.
- The interest chargeable shall be 13%pa
- The extra cash shall attract a commission of 12.5%.
- The product shall not be charged Bridging commission.
- The term of the loan is 84 months
- The loan will be secured by acceptable securities.
- The applicant must have exhibited good historical background on loan repayments
- The member to be in the company of guarantors who exhibit very good capital base and past good loan repayment.