Frequently asked questions​

  • 2 current/up to date photo IDs (Passport, Social Security Card, Driver’s License)
  • Recent Job Letter
  • Most recent salary slip
  • Dominican Citizen
  • 18 years of age and over
  • Permanently employed
  • Applicant should be able to assign a salary deduction for payment
  • Minimum amount is $300.00 and the maximum is $12,000.00
  • N.B. The maximum is pre-determined by Management.
Big Edge would be happy to assist by consolidating your debt and allow you to have extra cash at your disposal.
The application takes only a few minutes and approval is almost instant (except on rare occasions).
A cheque which is drawn on the National Bank of Dominica (NBD) is made payable to the applicant.
Although the normal rate is 3% per month, according to the loan particulars, the rate can be as low as 1.5%.
No this is not required for a Big Edge loan.
This is only required under rare circumstances.
The fee varies based on the amount of the loan.
Big Edge is very flexible and will try to work with the applicant to assist with their financial needs.
There is a late fee of $25.00 which is charged every 10 days after the payment date, if nothing has been paid.
Please ensure that you contact Big Edge, either by phone or in person, in the event of any unforseen circumstances to discuss a revised payment plan to suit you best.
A very small application fee which is based on the amount of the loan.
To ascertain one’s employment and stability.
In very rare cases when the institution wants to verify the information given.
The loan is granted in less than 2 hours.
We are always happy to deal with a query.
On your next payroll but this is dependant on the date of the loan.
All loans are paid via salary deduction.
It’s based on your job stability and income.