MpendwaPLUS
Aug 15, 2019
Q: Hello, Could you please explain this further: From your website To customer: "We charge you 25% upon ...
purchase, and you pay 25% of your total purchase every month".
Does this mean if a customer buys something for lets say $1000. you charge them $250 the first time and then $250 plus finance charge (of 10-30%) each additional payment until the balance is paid in full?
Thanks
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Founder
"We charge you 25% upon purchase, and you pay 25% of your total purchase every month" is for the liberty product, where the limit is $300.
For purchases between $300-$5000, you are referring to Xtra, and the repayment is 5% every month rather than 4 monthly installments.