79Cash charges an desire amount of as many as sixty% per annum, that's a high charge in comparison with other lenders. Together with the curiosity price, the company also prices different expenses, which includes a handling price, a late payment charge, and an early settlement rate.
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79Cash is actually a lending System that provides small-phrase loans to people who require speedy access to cash. The corporation was Started in 2015 and is particularly situated in Hong Kong. 79Cash operates beneath the guardian corporation, Wing Fung Fiscal Group, which can be a certified money lender in Hong Kong.
The managing price is charged at enough time of loan disbursement and will range between one% to 5% on the loan quantity. The late payment payment is billed if the borrower fails to help make the payment on time, as well as the early settlement check here price is billed in the event the borrower repays the loan prior to the owing date.
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