UAE Loans

UAE Fast Loans gives borrowers the potential for having a longer repayment term — the terms can be as long as 48 months. This can be an appealing option for borrowers who would prefer to have smaller monthly payments stretched out over longer periods of time (although, you’ll end up paying more in interest over time).

Loans Terms and Conditions
• Minimum Repayment period is 65 Days
• Maximum Repayment 48 Months
• Total Loan amounts: from $1,000 to $550,000
• Maximum Annual Percentage Rate (APR): 14%
• Terms: 65 days and 48 months
• Early payoff penalty: None
• Transaction Fee: None
• Late fee: The greater of 10% of last amount due or $15

Sample Loan
The principal amount is a $550,000 with the interest rate of 14% will be $12,600 so the total amount to be paid is $550,000 * $77,000 (APR 14%) = $627,000