The fintech incurs a cost every time your profile is re-evaluated for a credit increase. This may include re-checking your credit score, reviewing your profile and other operational efforts, hence a part of it is being charged as credit re-assessment fees to continue providing you the maximum benefit at OZG. However this is charged only when you choose to avail the benefits of the increased credit. If you continue to avail a lower credit, then the re-assessment fees will not be applied.
Since there is some operational effort that goes into performing credit checks and sanctioning the loan, the processing fee is charged upfront from the loan amount. However, this is a standard practice followed by all financial entities.
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