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Funding Societies Blog

Stronger SMEs, Stronger Societies

Tag: loan default

1 Post

Why a Loan Default Does Not Mean a 100% Principal Wipeout

Investing with FS

Why a Loan Default Does Not Mean a 100% Principal Wipeout

September 11, 2018

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Loan Amount (SGD)

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Repayment Period (Months)

12 months

Estimated Monthly Repayment S$5,780.00

Interest rate assumed at 1.4% per month.

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