The following are the terms and conditions attached to the loans at ZUANN : $$ Collateral must be twice the amount the client is seeking $$ Incase of default, the client will be given grace period of one week in which the client will attract a penalty fee for not clearing the loan $$ The following day of not making the payment in the case of default the client will start attracting a daily fee which will be added to the loan for a period of one week and failure to clear the outstanding balance the asset will be declared the company's assets and will be listed $($sold$)$ Failure to answer the phone in the period of one week