Yes, Emicro will charges an annual 8% late payment interest on principal amount and we will
charged a late payment penalty of RM25.00 for financing amount between RM1,000.00 to RM100,000.00 if not be paid within seven (7) days of when it
is due. Further, we will take steps in the law and contract to do debt
collection and ultimately will affect your credit score if you fail to do the repayment of the loan.