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The first con of private money loans comes in the form of interest and fees. A private money loan can come with fees of up to 10% of the loan, as well as a high interest rate somewhere between 5% and 15%. This causes the loan to cost much more overall than a traditional loan. On top of this, private money loans are usually written with shorter ...Fees and Charges for Personal Loans from Private Finance Companies. Every loan applicant wants to avail a loan that is most affordable. Money view’s personal loans come with competitive interest rates and have no hidden charges whatsoever. Our fees and charges are -. Fees & Charges. Amount Chargeable. Interest Rate. Starting from 1.33% per month.

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