79Cash is usually a lending platform that provides limited-time period loans to people who have to have quick usage of money. The corporate was Established in 2015 and is located in Hong Kong. 79Cash operates beneath the dad or mum business, Wing Fung Economic Group, and that is a accredited money lender in Hong Kong.
Stage 3: After the lender successfully completes final acceptance and verification procedures your funds is right deposited in your bank account.
79Cash expenses an fascination price of approximately sixty% per annum, that's a high charge compared to other lenders. Together with the desire rate, the business also prices various charges, which include a managing fee, a late payment charge, and an early settlement payment.
Such loans will not be a lengthy-term fiscal solution. Individuals suffering really serious monetary troubles should really think about other solutions or should look for out Specialist money advice.
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The dealing with price is charged at some time of loan disbursement and might range from one% to 5% of the loan amount of money. The late payment cost is charged in the event the borrower fails for making the payment promptly, and the early settlement rate is charged in the event the borrower repays the loan prior to the thanks date.
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