Tribal charges a financing fee for the use of Tribal Pay. This fee is calculated taking into account the average daily balance. Tribal considers not only the usage but also, the number of days of financing until the invoice is settled.
This way, it is fairer to charge the financing fee:
a) Customers have up to 40 days to finance themselves within the NEXT package.
b) The average balance considers the volume of credit used through Tribal Pay and the financing time.
Practical example: