Sss disclosure statement on loan credit transaction 2025

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering the 'Name of Borrower' and 'Address' in the designated fields. Ensure accuracy as this information is crucial for identification.
3. In the 'Loan Granted' section, input the total amount to be financed. This is essential for calculating finance charges.
4. Fill out the 'Finance Charges' section, specifying interest rates (simple or compound) and any applicable fees such as processing or appraisal fees. Be thorough to avoid discrepancies.
5. Complete the 'Non-Finance Charges' section by detailing any additional costs like insurance premiums and taxes.
6. Review the 'Schedule of Payment' area, indicating payment frequency and amounts. This helps in planning your repayment strategy.
7. Finally, ensure you sign and date the document at the bottom to acknowledge receipt and agreement with terms.

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