A person approved for a loan or credit typically pays interest to the lender, known as credit interest. Normally, the person receives a statement each month indicating a portion of the amount to be paid is for loan/credit repayment, and another part is for interest costs. The portion that represents interest is shown on the statement. The late payment interest and interest rate percentage are agreed upon when the loan/credit is signed, usually specified in the contract terms. Late payment interest is calculated from the due date and added to the debt until the principal is fully paid off.
Warning About Fraudulent SMS Messages Sent in Our Name
We would like to make you aware that fraudulent SMS messages claiming to be from B2 Impact are currently circulating. These messages may contain links or encourage you to contact us using the phone number provided in the message. We would like to clearly state that these SMS messages are not sent by us, and we strongly advise you not to click on any links or call the listed number.
If you are unsure about a message you have received, please contact our Customer Service through our official contact channels.