What are the fees I need to pay for my loan? Why should I pay them? Are there any hidden fees?
The total fees you pay for your loan comprises three parts, namely (1) A one-time Processing Fee (waived), (2) Per-repayment Admin Fees and (3) Service Fees.
As a business, TunaiKita collects admin fees in exchange for its services to you for your loan disbursement and repayment collection. In addition, TunaiKita’s peer lenders receive the service fees you pay in exchange for their cost of capital. Our service fee rates are determined by our peer lenders and lending robot and can vary significantly from customer to customer depending on the quality of their device and online data as well as their repayment track record.
For fees for loan in TunaiKita, it is divided into 3 types of loan fees, namely:
Service Fee: 0.80%/day with Upfront Fee: 0% / day
Service Fee: 0.40%/day with Upfront Fee: 0.40% / day
Service Fee: 0%/day with Upfront Fee: 0.80% / day
If I repay my loan past the due date, will I be charged late fees
The final details of late fees are subject to agreement and app display.