De Real personal loans are divided into 3:
REMP1: Loans for regularly employed individuals where their employers deduct repayment at source and makes repayment at due date. They are non-collateralized loans.
REMP 2: Loans given to individuals from credible organisations. Repayments are made directly by the individuals and not the organisation. They are non-collateralized loans
SEMP: These are collateralized loans given to self-employed individuals.
- Thursday, 26 March 2015