Berry Loan Penalties For Late Repayments

berry late loan repayments1

Berry is a loan app offered by Finberry Capital Ltd. The app is available on the Google Playstore and is accessible to all Kenyans and has over 100K+ downloads as well as a 3.4 star rating with 3.3K+ reviews.

Berry offers loans ranging from Ksh. 500 to Ksh. 50,000 whereby your credit score is largely dependent on your repayment history. Furthermore, this will also act as a determining factor in future loan increments.

Berry charges a fee of between 8% to 15% and is largely dependent on a number of factors including repayment history, lending costs as well as mobile money transaction costs, such as M-PESA charges, associated with loan repayment.

Berry offers a repayment period of up-to 30 days.

Failure to repay the loan upon due date will be penalized as per Berry’s Terms and Conditions.

Berry loan late repayment



Categories: Loan Apps

Tags:

2 replies

Trackbacks

  1. Can’t Pay Mobile Loan On Time?? Here’s What To Expect From Various Lenders. – Konvigilante
  2. Berry Loan App [2020]- How To Apply, Repay, Interest rate, Contacts. – Konvigilante

Leave a Reply

%d bloggers like this: