What are the payment terms, and the fees and charges associated with a Tala loan?

Tala charges a one-time service fee of:

  • 11.4% plus applicable taxes for loans with a term of 21 days (APR: 198%; EIR*: 16.7%)
  • 15.2% plus applicable taxes for loans with a term of 30 days (APR: 185%; EIR*: 15.2%)

For example, for a 30-day loan with principal amount of Php 1,000, the service fee would be Php 152, the applicable tax would be Php 8, and the total amount due would be Php 1,160.

If you do not repay on time, Tala may charge a one-time late fee of 8% of the total amount outstanding as of the date the late fee is charged.

Tala reminds you to always check the fees, charges and terms and conditions of your loan offer before accepting your loan.


*Effective Interest Rate (EIR): expressed as interest rate per month not inclusive of taxes.

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