Common Penalties & Fees
Administration fee for late payment
If your monthly instalment is received after your Due Date, a late payment administrative fee shall be applicable for each month in which payment of your monthly instalment is received after your Due Date.
Interest for late payment
There will be a late payment interest charge to you if your payment is late. This will not include the actual interest rate that is applicable to your loan.
Other fees may be applicable for additional services provided by us, and may be subjected to GST where applicable.