Before you borrow
Request the lender’s official Key Facts Statement or equivalent mandatory disclosures, as applicable.
Key financial terms
- Principal amount and amount disbursed
- Annual interest rate and APR
- Processing fees, taxes and other charges
- Tenure and repayment schedule
- Penal charges and prepayment terms
- Collateral, security and insurance terms if applicable
Digital lending
Verify the regulated entity responsible for lending, the loan service provider where relevant, the grievance contact and any required cooling-off or exit terms.
No offer or guarantee
Illustrative information and calculator results on this website are not binding quotes or loan approvals.
Identify the actual lender
Before applying, confirm the legal name of the lender, its regulated status, the service provider if any and where the loan agreement will be executed.
Key Facts Statement
Request the applicable Key Facts Statement with loan amount, annual percentage rate, total charges, repayment schedule and other prescribed terms.
Interest calculation
Check whether rates are fixed or floating, how interest is calculated, when installments begin and whether changes may occur.
Charges and penalties
Review processing fees, taxes, late-payment charges, prepayment conditions and other applicable fees before agreeing.
Disbursement and repayment
Confirm the authorized disbursement account, repayment beneficiary, due dates and payment channels. Never transfer money to an unverified personal account.
Credit reporting
Loan conduct may be reported to credit information companies where applicable. Review your credit report and dispute inaccuracies through official channels.
Third-party apps
Linked apps may be owned or operated by independent entities. Their product descriptions and contractual documents should be reviewed separately.
Publication note: This is explanatory website content. The company should approve its formal policy and operational commitments before relying on this page as an official policy.