Forum > Borrower Questions > increase in total fees charged
why has the current fees charged increased to 15%????
5% service fee and 10% credit risk payment.
Is 10% Credit risk repayment refundable after loan repayment ?????????????
You sure ,kindly calculate my charges over 25%.im applying for 1302 ghc n after charges,I'd get 977 thus over 25.how do I draw their attention
Somebody explain this to me . Why was 10% credit risk repayment introduced? I thought MLF covered this risk??? Is the 10% credit risk repayment refundable after the loan is cleared?? Help me to understand please.
Please read the announcement section of this forum.
The optional MLF payment is replaced with a mandatory credit risk fee of 10%.
This fee and the old MLF payments are both refundable.
More info. goyimei.info/faq#faq-65
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