Is there a contract performance payment of 5% of the loan amount in advance for microfinance?
Hello, this is the terms agreed by some banks in mortgage or some consumer loans. The performance payment of this contract is probably equivalent to the deposit, while some banks agree on penalty interest, which is not reasonable. But now, if we borrow money from the bank, many loan contracts provided by the bank cannot be changed. You can only choose to accept or give up. Please be careful if it is the contract performance payment of online shopping!