Attention:
I got your mail stating that you have agreed to comply with our company's lending policy.
Attached to this email is the loan terms and repayment schedule for you.
Note that you are expected to read it carefully, print it out, sign it and then send us a copy each for office records and other information needed from you.
Hope to hear from you soonest.
Thank you.
Mr. Leo Stevens.
Dancol Financial Group.
450 Brickell Ave, Miami,
FL 33131 USA.
Tel: +1 (619) 324 8135.
Text from the attached PDF file:
DANCOL FINANCIAL GROUP
Head Quarters:
Dancol Financial Group.
450 Brickell Ave, Miami, FL 33131 USA.
Tel: +1 (619) 324 8135.
United States.
To:
Below are the terms and conditions for your loan request of ($250,000 USD).
I want to use this opportunity to welcome you once again, and I can fully assure you that you are in the very
right place, and secondly you won't have any regret taking this loan from this company.
(TERMS/CONDITION AND APPROVAL DETAILS)
APPLICANT'S DETAILS:
* Name of Applicant:
* Amount: ($250, 000 USD)
* Loan Duration: 10 years (120 months).
LOAN AGREEMENT AND LOAN TERMS:
On Behalf of Dancol Financial Group, we are giving out a loan of $250, 000 USD to the following beneficiary
above: Please note that we are at the terms and agreement unit increased your loan duration to 10 years
making your application and repayment compactable with your monthly income.
LOAN TERMS AND REPAYMENT SCHEDULE:
The loan repayment is based on a monthly or yearly basis, which consists of the loan capital and Interest rate
together. Like it's written, the loan duration period is for 10 years. So find the interest rate and payment
schedule below:
LOAN TERMS AND REPAYMENT PLAN
Loan Balance: $250, 000
Loan Interest Rate: 2%
Loan Term: 10 years
Cumulative Payments: $276,040.32
Total Interest Paid: $26,040.32
MONTHLY / YEARLY LOAN REPAYMENT OPTION
Monthly Loan Payment: $2,300.34 (Yearly Loan Payment: $27,604.08,)
Number of Payments: 120 (Number of Payment for Annum: 10 years)
NB: You are required to choose from the Monthly Payment or the Yearly Payment option.
Note: be informed that in line with the rules governing this company, you will be required to make payment
on monthly or yearly basis, depends on the option been choosing by you. Note: The monthly loan payment
was calculated at 120 payments of $2,300.34 while the (yearly loan payment was calculated at 10 years
payments of $27,604.08). This is the total loan amount and interest divided by the loan duration period.
Furthermore, if satisfied with the repayment schedule and ready to proceed further, you are advice to read
further and provide the required details.
TIME TO START LOAN REPAYMENT:
* Monthly Payment: You will be required to start the monthly repayment of the loan at the end of 3 months,
after the loan has been transferred to your designated bank account.
* Yearly Payment: You will be required to start the yearly payment of the loan at the end of 8 months, after
the loan has been transferred to your designated bank account.
* Applicant who is unable to meet up with the repayment will be given 1 month as a grace period before legal
actions will be taken by the company attorney.
*Note that the borrower will be responsible for the Registration / Security Charges of the loan while Lender
will be responsible for the Insurance/Approval Charges of the loan.
If these conditions are acceptable to you and you want to continue, you are required to provide the following
information:
*1. Preferred Plan repayment (Monthly or Annual Payment)
*2. Send us a copy of your Driver’s License or National ID card for identification
*3. You are to send us correct details of your bank statement of your account..
This will aid identity verification for the proper documentation of your file data base and for future
reference.
In acceptable, you are required to sign below on this document to confirm that you are ready to proceed
further and to close this transaction, so that we can proceed with the preparation of security documents,
agreements and loan documentation.
If there is anything you will like to add, do not fail to bring it to our attention, our loan program is very direct
and flexible as your satisfaction and financial success is our aim.
SIGNATORY DECLARATION:
I ________________________________________ hereby accept the terms and conditions of this Commitment.
Executed on this 16th day of August, 2019.
______________________________
Borrower’s Signature.
Thank you.
Mr. Nicolas Jackson.
Dancol Financial Group.
450 Brickell Ave, Miami,
FL 33131 USA.
Tel: +1 (619) 324 8135.
WhatsApp No: +1 (619) 324 8135.
2019 © Copyright Dancol Financial Group Plc®.
All rights reserved.
