6th Floor, Skyrise 2, Villa Street, IT Park, Apas, Cebu City, 6000, Cebu
- The offer is valid during the loan in the DPD principal range – DPD60+ (3 months+ past due)
- The offer is valid during the quarantine and the associated grace period
- To take advantage of the offer the customer must pay an amount of at least one month’s repayment- as a reward, the customer is remitted penalty interest in the amount of 20% from the date of the payment.
- If the customer pays multiple of monthly installments for each payment of one installment, FF will reduce its penalties by 20%, not more than 100% (if the debtor pays 6 or more installments, the maximum reduction will be 100%)
- In order for the customer to use this option, after making the payment, submit an application (via bit.ly/CollectionsOfferDiscountPenalty ) with information about the payment and a request to reduce the penalties.
- The applications referred to above may be submitted up to 30 days from the last day of the month in which the payment is made.
- Deposits made in the course of one month are added together, i.e. if the customer has made a lower deposit, he can make a supplementary deposit. The deposit time from the 1st to the last day of the month is counted, deposit from the 1st of the next month is counted as a separate deposit.
- The possibility of using this offer does not exclude the use of remission r2 or r3
- Accordingly, these rules take precedence over remission r2 as more favorable and are only applicable during the Grace Period
- The customer can pay the due installments and not due installments.
- The decision to pay during quarantine and grace period is voluntary.