Based on feedback from lenders and borrowers, we have opted to make the required credit risk payments refundable to borrowers, in the same way that the optional Members Loan Fund payments are refundable.
Borrowers may create a support ticket to request a refund of the total amount they have paid as Members Loan Fund payments and credit risk payments since joining Zidisha, at any time they do not hold an outstanding loan.
Julia,
that's great news indeed! And by making it refundable rather than just cancel it, you have made it possible to 'have your cake and eat it too' ! - this fee WILL help offset the risks associated with loans that are not paid back but at the same time, NOT BE A MANDATORY BURDEN for those who do repay loans properly.
I understand that it is a delicate balance for you to wear a 'lender hat' to make sure Zidisha thrives/grows and a 'borrower hat' to ensure you continue to make this amazing source of opportunity available to borrowers. Thank you ....
If you have made a credit risk payment or MLF payment and have cleared your loans, you may create a support ticket from the Help page of your account to request a refund.
Thank you ,madam Julia. This is a very friendly message. Even if i pay any higher amount of credit risk payment and MLF, at last i know it can be refunded. Long live Zidisha.
Thanks Julia for making this refundable. Even if service fee is 5% and non-refundable of credit risk payment of 5% making 10% deductions will the good.
But for the request, can l write for the refund of my credit risk payment after l finish payments of every loan?
Hello Julia, i applied for a new loan but i never got any, am left with a choice of having back the membership fund cause i have an emergency that needs cash, what steps should i take?
Good afternoon madam, if we ask for refund credit risk cost as long as we apply for loan, if after that we can still apply for loan ?? thank you madam. Good luck always.
Selamat sore madam , jika kita meminta pengembalian biaya resiko kredit selama kita mengajukan pinjaman , apakah setelag itu kita tetap bisa mengajukan pinjaman ?? terima kasih madam. semoga sukses selalu.
Fitri Fauziyah
Volunteer Mentor
Kota Surabaya, IndonesiaMay 31, 2018
You can apply for another loan after requesting refund credit risk. Create MLF refund ticket And follow the instructions On the page yes. It"s just that filing a refund credit risk will affect your next limit of submission of the loan (based on info from the Director he / she is over)
Anda bisa mengajukan pinjaman lagi setelah meminta refund credit risk. Buat tiket refund MLF Dan ikuti petunjuknya Di halaman tersebut ya.
Hanya saja pengajuan refund credit risk akan mempengaruhi mengurangi limit pengajuan pinjaman anda berikutnya (berdasarkan info dari Direktur dia atas)
Su Rono
Volunteer Mentor
Grobogan, IndonesiaApr 1, 2018
thanks to the director of julia, so the zidisha loan remains low at the 5% discount rate. if credit risk funds can be withdrawn via ticket. whether there are other steps, other than withdraw funds through the ticket. an example of a refund can be credited to the next installment, thereby mitigating the borrower because by way of pulling through the ticket. not much different from MLF withdrawal funds, thanks
terimakasih direktur julia ,dengan begitu pinjaman zidisha tetap rendah di angka 5% potongan .
jika dana resiko kredit dapat ditarik melalui ticket. apakah ada langkah lain, selain menarik dana melalui ticket.
contoh pengembalian dana dapat di kreditkan ke angsuran berikutnya , dengan begitu dapat meringankan peminjam karena dengan cara menarik melalui ticket . tidak jauh beda dengan penarikan dana MLf ,terimakasih
Thanks lady Julie for your continual efforts to better lives of humanity.
Please is the request for refund of a borrowers MLF and Credit risk payments mean the borrower is quiting ZIDISHA....?
The borrower does not have to quit Zidisha when requesting a refund of the MLF and credit risk payments. He or she may still continue to raise loans. However, receiving a refund reduces the credit limit for the next loans to the amount it would have been if they had not made these payments.
Hi Julia, does this mean borrowers can request for refund of credit risk payments anytime and any amount? for example the current loan is fully paid - request refund of credit risk payments - raise new loan - paid off - request refund again and so on.
If the pattern is like this I think will add to your workload and staff because the average for small loans will be paid off in a few weeks and can apply for refund of credit risk payments after that.
Is it possible for this credit risk payments refund is made a minimum amount?
for example if the accumulation of credit risk payments from some previous loans has reached a certain amount or made restrictions only can request a credit risk payments refund 1x each month.
PS: Dear Solomon, our director's name is Julia, to my knowledge Julie is the name of one of our beloved lenders :-)
Hi Julia, does this mean borrowers can request for refund of credit risk payments anytime and any amount? for example the current loan is fully paid - request refund of credit risk payments - raise new loan - paid off - request refund again and so on.
If the pattern is like this I think will add to your workload and staff because the average for small loans will be paid off in a few weeks and can apply for refund of credit risk payments after that.
Is it possible for this credit risk payments refund is made a minimum amount?
for example if the accumulation of credit risk payments from some previous loans has reached a certain amount or made restrictions only can request a credit risk payments refund 1x each month.
PS: Dear Solomon, our director's name is Julia, to my knowledge Julie is the name of one of our beloved lenders :-)
what a great new! but please madam we appeal that you look for more lenders around the globe to come and help , may the great lord bless you and your family , lurie and the entire staff and standing solidly behind you to execute this useful measures.
Hello all, I think it the same, because if you request for refund of your credit risk it will affect your next loan, thereby making it lesser compare to if you did not request for refund of your credit risk
Hello Julia,I applied for 1302 with all the applied charges of 5 and 15% making 20% which represent 260 as total charges but I'm charged 25% which pegs
My take home loan at 977.mindly explain director
Julia Director United States Apr 1, 2018
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