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GXS Help Centre

How is my late interest for my GXS FlexiLoan calculated?

While there are no late fees involved, late interest charges will be applicable for late payments. These charges vary based on how late your payments are.

Days past repayment date Charges
2 days Grace period, no late interest charged
3 to 14 days Late interest rate of 18% p.a. charged on the principal component of overdue instalment
15 days onwards Late interest rate of 18% p.a. applied to total outstanding principal balance


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