LegalCornerstone Discussion

Did You Know? Everything About Lending Is Negotiable—Interest, Fees, Restructuring, and Repayment

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Interest Rate on loans, authorized overdrafts and other advances/facilities Note that when there is a change in the agreed rate, the customer must be notified within 5 business days in advance of application of the new rate.: NEGOTIABLE


Drawing against Uncleared Effects : Negotiable

Micro Leasing/Microfinance related Hire purchase: Negotiable

Penal Rate for late repayment of loans, authorized overdrafts, micro leases, microfinance-related hire purchase and other advances/facilities: Negotiable

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