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Do I need to pay the administrative, processing, and other fees before getting my loan amount?

Do I need to pay the administrative, processing, and other fees before getting my loan amount?

No, these fees will be directly deducted from your principal loan amount. As regulated by MinLaw, licensed moneylenders are not permitted to request for an upfront payment of fees/charges. Firms who solicit such fees before approving your loan or discharging your loan amount are highly likely to scam you.