| Terms | |
|---|---|
| Interest rate type | Fixed |
| Annual interest rate | 24% |
| Effective annual interest rate | From 26.82% |
| Disbursement fee | GEL 2 |
| Amount | GEL 100 - 200,000 |
| Loan term | 48 months |
| Early repayment fee | 2% if more than 24 months remain; 1% if 12-24 months remain; 0.5% if 6-12 months remain; 0% if up to 6 months remain |
| Late-payment penalty | 0.27% of the outstanding principal for each overdue day |
| Grace period before penalty accrual | 3 calendar days from the date of default |
Yes, it is possible.
Yes, it is possible.
You can make repayments at MFO Leader Credit branches; through Bank of Georgia, Liberty Bank, and TBC Bank express payment terminals; via mobile or internet banking; or by using BOGPAY.GE, TBCPAY.GE, and PAY.GE.
When using these payment methods, you will need the customer’s unique number and/or the loan number. This information is sent to you by text message in the payment reminder SMS.
When using mobile or internet banking, select “Financial Organisations,” find Leader Credit, and follow the instructions.