Transcription of Key Facts Statement (KFS) for Instalment Loan - …
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Key Facts Statement (KFS) for Instalment Loan - …
Key Facts Statement (KFS) for Instalment LoanThis product is an Instalment KFS provides you with indicative information about interest, fees and charges of this product but please refer to our loan advice for the final terms of your Instalment Rates and Interest ChargesFees and ChargesAdditional InformationAnnualised Percentage Rate (APR)1 Handling FeeFor a loan amount of HK$100,000: loan Tenor 6-month 12-month 24-monthAPR (or rangeof APR)As low low low Overdue / Default Interest Rate4% overdue interest rate will be applied when a monthly payment is overdue. Overdue interest will be calculated based on overdue amount and be charged once only for an overdue Handling Fee: - of loan amount per annum will be charged upon loan Balance Refund Fee: HK$50 per transactionPrepayment / Early Settlement / Redemption Fee Upon early settlement of the loan , outstanding interest and principal shall be calculated
Key Facts Statement (KFS) for Instalment Loan This product is an instalment loan. This KFS provides you with indicative information about interest, fees and
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