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IPS Loans
Thursday, 30 October 2003
Loans - There are presently two types of loans
Ordinary Loans are Loans to a maximum of $100,000.00, requiring security.

- Up to 3 years to repay
- 18.5% on the reducing balance
- Must have savings of at least a quarter of required loan, plus security.


E-Loans (Emergency Loans)
- Up to $10,000.00
- 22% interest on the reducing balance
- Must have at least a quarter of required amount in savings
- No security required
- Monthly payment of at least 10% of balance plus interest.

Posted by pmcja at 4:12 PM EST

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