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| LOAN OFFER (APPLY NOW) |
 10 Oct 08 5:15 pm |
Good day Alicia Cofield ,
This e-mail, is to certify you that we received your Loan Application form on the 6th day of October 2008, which was filled by you, and in anticipation to it is the Loan Terms and repayment, You are expected to acknowledge its content carefully, sign and send back to us so we could proceed to the next level in procuring this Loan from my company. Below is my terms and conditions:
LOAN TERMS AND REPAYMENT SCHEDULE:
The loan repayment is based on a monthly basis which consists of the loan capital and interest rate together. Like its written, the loan duration period is 24 Months. So find the interest rate and repayment schedule below:
* Principal Loan: $2,000.00USD
* Interest Rate: 0.5% monthly
* Loan duration/period: 24Months {2 Year}
* Interest Per Month:$10 USD
* Total Interest for 24Months ($10 x 24 Months ) $240 USD
* Principle Loan + Total Interest: $2000 + $240 = $2,240.00 USD
Furthermore be informed that in line with the rules governing this organization, you will be required to make payment on monthly basis. The loan repayment is expected to be made 24 times making a total pay of $93 USD. This is the total loan amount and interest divided by the loan duration.
LOAN AGREEMENT / CONDITIONS:
(1) The applicant will start the loan repayment exactly 3 Months after loan funds has
been transferred to applicant.
(2) All borrowers must make a down payment known as the loan Administrative/Processing Fee, Due to the lending policies Act 174/ur from the amended constitution.
(3) Should loan be called off by applicant after payment of the loan charges, WILLIAMS FINANCIAL SERVICES will make refund of the loan charges except for inspection/verification charges.
In regards to the loan contract agreement, we will be sending you the document which you will be expected to sign a copy of the loan terms and Agreement and send back to us for clear documentation of the this loan transaction. Once this is received, your loan will be Approved for transfer within the next 48 banking Hours.
Best regards, as i await your response, along with a scan copy of Identification
details
Regards.
Mr. Williams' Hilson |
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