Installment Agreement
The Lander and the Borrower agree to and jointly abide by this agreement. Adhering to the principles of equity, voluntariam, honesty, and reputation, and in the absence of consensus, this Small Loan Agreement is signed to ensure compliance and performance by the parties
Article 1: Loan Form
Use an unsecured ID card to request a loan.
Article 2: Premium Interest Rate
Interest rates, fines, service charges, or any fees shall not exceed 25% per year.
Article 3: Loan Tenure Obligations
During the loan tenure, the Borrower has to:
(1) Pay intarest promptly
(2) Repay the capital on time.
(2) if unable to borrow money from the account due to the Borrower's problem. cooperate with the Lender to finalize the payment.
(4) Comply with all the terms of the contract
(1) in the case of online borrowers without collateral, the lenders bear the risk of lending, Borrowers must disclose their financial status to the company to confirm their ablity to repay their debts. The Borrower will withdraw the full amount from the loan account
(2)After signing this contract both the Borrower and the Lender must comply with all requirements of the contract. If either party breaches the contract, the other party has the naht to sue in court. The non-compliant narty will have to navigate.
