PAYMENT SCHEDULE

Term of Loan (Days)	Annual interest rate	Interest (Loan term Interest & Interest Delayed)	Service Fee	Penalty Fee	Late Payment Fee
120	18%	1.5% per month	3% (Deducted one time)	1% per day	2% per month (Deducted one time)

SAMPLE DISCLOSURE STATEMENT

The principal amount of loan	3,500-70,000
Rate of interest(Loan term Interest & Interest Delayed) of the loan	1.5% per month
Service or processing fee	3%
Amortization schedule	Please Refer on the table below
Any penalty charge for late amortization payment	Please Refer on the table below
Collection fee	0
Notarial fee	0
All other fees in connection with the loan transaction	hidden fees:0
Description of the collection and lien enforcement Procedures	Description of the collection procedure : Phone calls, sending SMS , demand letters Lien: Not Applicable (Unsecured Loan)
Method of calculating the total amount of obligation in case of default	Principal Amt + interest(Loan term Interest & Interest Delayed) of loan(1% per day) + One time late charges (2%) + Penalty Per day (1% per day)

SAMPLE AMORTIZATION TABLE

Principal Amount of Loan	10,000
Term of Loan (Days)	120 day
Interest(Loan term Interest & Interest Delayed) annual interest rate:18% (120 days loan=6%)	600
Total Amount of Loan to be Paid On Time	10,600
Less
Service Charge (3% of the principal)	300
Amount to be Received	9,700

SAMPLE Computation If 1 Days Late

Total Amount of Loan to be Paid On Time	10,600
Add number of days delayed (1 days delayed)
interest of days delayed (1 X 1% of the principal)	100
Penalty per day of delay (1 X 1% of the principal)	100
One time late Charges (2% of the principal)	200
Amount payable (1 days late) 10,600 + 100 + 100 + 200	11,000