Micro Loan - Instant Loan App

Micro Loan - Instant Loan App provides quick and convenient access to funds for those who need it, with a simple loan application process.

Micro Loan - Instant Loan App that provides all kinds of well-selected loan products, aiming at meeting different people's requirements. Users can get cash loans instantly, within 48 hours, Everyone can apply for a loan online. Once you fill details, we forward details to the lending partner so they will call and get the help you to provide a loan easily.

Instant Loan App helps you to get Appropriate information for how you can take a loan online with minimum documentation.

Micro Loan - Instant Loan App Characteristics:

- Loan amount from a minimum 10,000 to a maximum 1,00,000
- Minimum Annual Percentage Rate (APR): 12%, Maximum Annual Percentage Rate: 29% (reducing balance)
- Minimum repayment period: 91 days, Maximum repayment period: 24 months
- Processing Fees: Max ($350, Up to 1%-7% of the loan amount)
- Prepayment Fees: 2.50% prepayment amount
- Your bank may also levy charges in case of a bounce.

Example of Cost of Loans

- Amount Borrowed (Principal) = $20000/-
- Interest Rate = 3% monthly Simple Interest
- Tenure = 6 months
- Processing Fee = $600
- Amount disbursed = $20000
- Your EMI amount = $3692
- Interest amount = $2152
- Total Cost of Loan = $600+$2152 = $2752
- APR = (2752/20000)*12/6 = 27%

A representative example of the total cost of the Loan Amount, including all applicable fees:

-️ Loan Amount: $50,000
- Tenure: 12 months
-️ Interest Rate: 22% (on reducing principal balance interest calculation)
-️ EMI: $4,680
-️ Total Interest Payable: $4,680 x 12 months - $50,000 Principal = $6,160
- Processing Fees: $1,475
- Disbursed Amount: $50,000 - $1,475 = $48,525
-️ Total Amount Payable: $4,680 x 12 months = $56,160
- Total Cost of the Loan = Interest Amount + Processing Fees = $6,160 + $1,475 = $7,635.

Data Security & Privacy:
Data security & privacy is given the top priority at Easy Cash Loan. We comply with the highest security standards & protocols.

Micro Loan - Instant Loan App are safe:
Your data is transferred over a secure HTTPS connection, and we do not share it with anyone without your consent. All the transactions are secured via 256-bit SSL encryption.

Eligibility:
1. Valid Citizenship of the country
2. Should have a monthly source of income

Steps to Apply for Micro Loan - Instant Loan
- Download Micro Loan - Instant Loan App
- Provide your basic details
- Our Representative will call you to verify your income and ask for bank details if you're eligible for the loan
- Get the money transferred directly to your Bank account in a few hours!

Additional information :
If you didn't get a call from our lending partner, you should email us.

Important Note:
This app does not give any type of loan to you. We have a partnership with a lending partner, they will contact you if you qualify for the loan. We never ask anyone to pay any advance money, please be aware of such kind of scam.