July 2, 2022

Tala Offical Website

Tala provides instant loans, savings, tips to grow and more.

• Loan Amounts: ₱1,000 to ₱15,000
• One-time service fee: 8.5-27.4%
• Monthly EIR: 14.86-18.32%
• APR: 172.9% -228.3%
• Late fee: one-time fee of 8% of outstanding amount due
• Applicable Tax (DST & GRT): 0.46% – 1.5%
• Minimum repayment period offered = 61 days
• Maximum repayment period offered = 61 days

• Example Fees: For a borrower who takes a ₱4,000 loan for our 61-day term, they would owe a 27.4% service fee of ₱1,096 and ₱60 in required tax for a total payment of ₱5,155.

₱4,000 (principal) + ₱1,096 (service fee) + ₱60 (required Tax) = ₱5,155 (total payment)

 

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