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Youngbin Yoo Review of Prospa.
never ever think of getting a loan from this compa...
never ever think of getting a loan from this company. they will charge you future interest payment if you want to get out of the contract early. of course , it wasnt exlpained when signing
Here is my experience with Prospa if anyone interested
Loan Amount (Disbursement) $150,000.00
Loan Origination Fee $4,500.00 (Capitalised onto the loan)
Total Starting Loan Amount $154,500.00
Term (months) 24
104 x Weekly repayment amount $1,900.05 (Incl all fees, charges, interest)
Total payback over full 24 months $197,605.20
Total payback if paid out within first 3 months $169,950.00 (From date of settlement)
loan start 01/07/2019 paid out 27/04/2020
loan duration :10month
total amount paid out to prospa: $202105.02
interest + fee amount only: $52105.02

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