79Cash is often a lending platform that gives limited-time period loans to people who want speedy usage of money. The corporate was Established in 2015 and is based in Hong Kong. 79Cash operates under the guardian enterprise, Wing Fung Monetary Group, that's a certified dollars lender in Hong Kong.
To apply for a loan, borrowers ought to fill out an on-line application variety and submit the mandatory paperwork, including proof of cash flow and identification.
79Cash prices an interest fee of up to 60% for each annum, which happens to be a large amount when compared with other lenders. In combination with the interest charge, the corporate also prices numerous costs, such as a handling fee, a late payment payment, and an early settlement price.
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Be sure to keep in mind that your lender might get in touch with, e-mail or text you to confirm loan particulars. Responding rapidly to them might quicken the procedure for depositing your money.
The dealing with charge is billed at enough time of loan disbursement and may range between one% to 5% of your loan total. The late payment price is charged in the event the borrower fails to generate the payment promptly, and the early settlement cost is charged in the event the borrower repays the loan prior to the thanks date.
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