Hi guys, need some peace of mind.
I recently took out an SLoan for ₱4,800 with a 9-month term (4.45% interest). The total interest bundled into it is ₱1,922.
Fortunately, I managed to fully pay off the entire loan after just 2 days. I already contacted customer service, and Monee Credit sent me an notification saying my interest rebate request was successfully approved and will credit to my ShopeePay within 5-10 days.
However, they told me the exact amount is system-generated so they couldn't give me a flat number yet. I've been reading some old threads here where people say the rebates can be really small, and it's making me a bit anxious because I need to budget my money right now. ( I borrowed for the first time because I had an emergency at school)
Has anyone here paid off their loan this early (within a few days)? Did you get almost the full interest back, or does Shopee heavily deduct from it?
Thank you po in Advance!!!