79Cash is really a lending System that provides short-time period loans to individuals who want swift entry to income. The corporation was founded in 2015 and is also located in Hong Kong. 79Cash operates beneath the parent corporation, Wing Fung Economical Team, which can be a certified funds lender in Hong Kong.
To submit an application for a loan, borrowers have to complete a web based software form and submit the required documents, such as proof of earnings and id.
79Cash prices an curiosity rate of approximately sixty% for each annum, and that is a significant fee as compared to other lenders. As well as the interest price, the corporation also fees various expenses, including a managing charge, a late payment price, and an early settlement payment.
These loans usually are not a lengthy-term fiscal solution. Individuals suffering major monetary problems need to look at other options or really should find out Experienced financial advice.
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It’s a credit item that enables you to borrow a sizable lump sum of money and repay it more than a particular period. It generally comes along with a set interest rate and is particularly speculated to be repaid in fastened installments every month.
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When 79Cash may be a viable selection for borrowers who will need speedy use of funds, its large interest fees and diverse charges allow it to be much less attractive in comparison to other lenders for instance New Speedy Loans.
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