How do I repay the Unsecured Short- Term Installment Loan?
You can either repay your loan in full on your stated maturity date, or you can make ten (10) installment payments over a period of twenty (20) weeks on a bi-weekly basis. The amount of each unsecured short-term installment loan payment will equal $15.00 for every $50.00 borrowed. 10% of the total amount borrowed, or $5.00 for every $50.00 borrowed, will be applied out of each installment loan payment toward the original principal amount of your loan. The remaining $10.00 for each $50.00 borrowed will be paid to us out of each installment loan payment to cover our wiring, administrative and other costs.
