VestPal | Peer to Peer Investments icon

VestPal | Peer to Peer Investments

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0.0.3Free2 years ago

Download VestPal | Peer to Peer Investments APK latest version Free for Android

Version 0.0.3
Update
Size 4.42 MB (4,639,455 bytes)
Developer MobiSoft Pvt Ltd
Category Apps, Finance
Package Name io.vestpal.app
OS 5.0 and up

VestPal | Peer to Peer Investments APPLICATION description

Get funding through your contacts
VestPal allows you to lend and borrow funds through your contacts. With VestPal, there is no need to go to a bank, borrow in minutes with no hidden fees.

If you are looking to make some money, VestPal connects you directly with borrowers.

As an Investor, you can:
✅ Limit your portfolio to trusted contacts
✅ Easily track your investments via the app
✅ Send automatic reminders to borrowers

As a Borrower, you can get access to:
✅ Loans from all your contacts
✅ Immediate offers from all your peers and eligible businesses
✅ You set your interest rate and the repayment period
✅ Automate payment reminders

Annual Percentage Rate (APR)
Borrowers can offer to pay a minimum of 5% APR and a maximum of 30% APR when requesting funding.

Repayment Period
All borrowers have the option to request a loan on our platform for up to 12 months repayment period, paid in installments. The minimum repayment period is 3 months, and the maximum repayment period is 12 months.

Representative Example
A representative example of the total cost of the loan, including all applicable fees: If you borrow $1,000 over a term of 1 year with an APR of 20%, you will pay $100 per month. The total amount payable will be $1,200.00 with combined interest and fees of $200.00
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