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Working Capital Loans, Daily Use Credit - Coggle Diagram
Working Capital Loans
Interest
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Amount
The interest will be some percentage of the loan taken by the user.That percentage will decided by the company intself .The XP of the user will affect the interest on the loan .
The interest will be a fixed percentage of the initial the loan amount and "NO FURTHER MONEY WILL BE ADDED"
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Amount
The amount of loan will be decided by user's bank balance and his credit history and also his XP i.e his business through the app.
Daily Use Credit
User
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If the money is not paid back to the company within 90 days of credit then the company will impose a fine.
The fine amount will be affected by the "XP of USER".
For eg if a person has a higher XP , his fine will be mitigated
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