Tala borrowers to pick their own convenient repayment day

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    Digital lender, Tala, will now grant borrowers the option of picking a repayment date that best suits their incomes cycles.

    The limit is capped to 61 days and no surcharge applies for borrowers who repay within the time frame. 

    Currently, most digital lenders have a time limit not exceeding a month, condemning borrowers to high daily penalties in case of default. 

    SOURCEThe Star
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