HOW IT WORKS
You track your
income and expense in one app
KEY FEATURES
We bring together all of your accounts, so you can conveniently manage your finances from one place
Types of Loans
Secured Loans: Loans that require collateral. Collateral can be property, vehicles, or other valuable assets that the lender can seize if the borrower fails to repay the loan
Unsecured Loans: Loans provided without the need for collateral, issued based on the borrower's creditworthiness
Interest Rates
Interest rates can be fixed or variable:
Fixed Interest Rate means the interest rate remains unchanged throughout the loan term.
Variable Interest Rate can change based on financial market conditions.
Repayment Period
The repayment period is the time the borrower has to repay the entire loan along with interests. This period can vary from a few months to several years.
Required Documentation
To obtain a loan, borrowers typically need to provide documents such as income proof, credit history, identification, and other documents related to collateral (if applicable).
Additional Fees
Some loans may include additional charges such as administrative fees, loan insurance, or late payment penalties.
Loan Repayment
Repayment is usually done through monthly installments.
