P.E.R.L. LOAN

P.E.R.L

	What is P.E.R.L.?
	P.E.R.L Interest Rates
	What are the Requirement to Access a P.E.R.L?
	Who benefit from a P.E.R.L?
	What are the benefit to the Members?

What is P.E.R.L?

P.E.R.L is an emergency loan facility provided for our members who may have an immediate emergency and cannot access an ordinary loan for one reason or another.

The P.E.R.L can be disbursed from a minimum value of $300 to a maximum value of $2,000 and is pegged to a limit of not more than twice your shares.

This loan attracts:

Ø An interest rate of 10% with a minimum duration of ten (10) months to a maximum duration of twelve (12) months;

Ø An increased installment;

Ø A processing fee of $25.00

Ø A late fee of $35.00

No appointments are necessary for P.E.R.L and it cannot be refinanced.

What are the Requirements to Access P.E.R.L?

Ø A current payslip

Ø 3 years membership

Who benefits from P.E.R.L?

Any member who has the ability to repay, can access a P.E.R.L

What are the Benefits to the Member?

Ø P.E.R.L is accessed immediately

Ø It is a no-hassle loan

Ø Members can receive cheques within 20 to 30 minutes

Ø Members can cash cheques up to a maximum of $1,500