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FinPAL March 20, 2018

How can I make the repayments?

Repayments shall be made via any forms of fund transfer into a designated Collection Trust Account.

FinPAL March 20, 2018

What will happen to my Account if I could not pay on due date?

In the event any of your Notes turn overdue, your Account status will become Delinquent, and you will be suspended from any further issuance until such overdue Notes…

FinPAL March 20, 2018

How would I ensure my payment records will be properly updated?

You shall update your payment record through the Platform, allocating your repayment amount towards Issued Notes within the same day. Failure of such, the Platform…

FinPAL March 20, 2018

Can we make early repayments?

Repayments shall be made via any forms of fund transfer into a designated Collection Trust Account.

FinPAL March 20, 2018

How would I know how much to pay?

Generally, the repayment amount will be the Issued Note Amount, i.e. the principal sum. Upon your full settlement, we shall refund you the balance from your Reserve…

FinPAL March 20, 2018

Can I make partial payment?

Amount due under each repayment schedule shall be fully settled at once. No partial repayment is allowed.

FinPAL March 20, 2018

What is my repayment schedule?

The repayment schedule may be bullet, monthly instalment or delayed monthly instalment, depending on the type of financing product taken.