1月17日的Wavpay Credit应用程序分析

Wavpay Credit Sdn Bhd is a licensed moneylender registered under the Housing and Local Government Ministry (KPKT). Wavpay Credit Sdn Bhd was established in 2021 with the aim to digitalize the lending process and to expand the Wavpay Ecosystem through its ability to provide financing. Fees & Charges: Minimum duration of payment: 6 months Maximum repayment period: 36 months Max. Annual Percentage Rate (APR) is 15%. Loan Amount between RM500 ~ RM10,000 Early Termination Fee: None Late Payment Interest: Simple interest calculated at 8% per annum on the unpaid sum of installment from day to day from the date of default in repayment of the sum of installment until that sum of installment is paid Calculation of the Loan Example: Loan Amount - RM500.00 Loan Period - 12 months Installment Interest Rate - 15% RM500(Loan Amount) * 15%(Interest Rate Per Annum) = RM75(Total Interest Charge) RM500(Loan Amount) + RM75(Total Interest Charge) = RM575(Total Repayment Amount) RM575(Total Repayment Amount) / 12 Months(Loan Period) = RM47 (Rounded Down to Absolute Number)(Loan Period - 1 Month Installment Calculation (In This Example 11months) RM47 ((Loan Period - 1 Month Installment) * 11 Month (Loan Period - 1)) - RM575 (Total Repayment Amount) = RM58 (Last Month Installment) Others: Minimum repayment period 6 Months Maximum repayment period 36 Months Maximum Annual Percentage Rate 15% Including all applicable fees (Legal Fee, Stamp Fee) Privacy Policy https://wavpaycredit.com.my/privacy-notice/ Terms and conditions https://wavpaycredit.com.my/terms-conditions/