Sentences with phrase «attract penalty fee»

Cancellation of existing policy may attract penalty fee.

Apart from the fact that late payments will attract penalty fee, it will also have adverse effects on your credit score.

Doing so attracts a penalty fee of three months worth of interest but despite it is worth noting that these loans are much more flexible than ordinary bank loans.

Not exact matches

It is essential that you assess the total cost of taking a personal loan by factoring in various charges that the scheme may attract, such as processing fee, documentation charges, pre-payment charges, penalties in case of default, and any other chargeable contingencies.

This will prevent you from making late payment which may attract another penalty, fee and interest.