A letter from the applicant indicating his willingness to accept the loan after the loan is approved by the banking institution.

A software technology that has a set of rules on how applications should share information which allow programmed capabilities or content to be delivered to Windows-based personal computers via the Internet.

Charges imposed on overseas transaction by the card issuer.

Various types of fees imposed by the banking institution in relation to the loan, which are payable by the borrower.

Total facility granted to hirer calculated as follows: Cash Price - Deposit + Freight (if any) + Vehicle registration fee (if any) + Insurance premium (for 1 year). 

A flat fee payable annually once the credit card is accepted. The fee is payable even though the card is not used. Fees are imposed on principal and supplementary cardholders, unless waived.

The annual percentage rate is calculated in accordance with the following formula:   2NF (300C + NF) 2N2F + 300C (N + 1)   Where: N is the total number of instalments. C is the number of instalments that, under the contract, will be paid in one year or, where the contract is to be completed in less than one year, the number of instalments that woul [..]

A form to be completed when applying for loans, financing, or other banking products or services from banking institutions.

A written analysis of the estimated value of real estate prepared by a licensed Valuer/Appraiser.

Any item of economic value owned by an individual or a corporation. Examples are cash, securities, accounts receivables, stocks, office equipment, houses, cars, and other properties.