SoloCredit - secure loan 1.0.16

The following review examines a mobile application designed to provide a range of cash lending products tailored to diverse financial needs without the necessity of multiple loan management software. The service proposes a streamlined approach to borrowing, aiming to enhance financial flexibility for users.

Product Information

• Loan Amount: ZMW 300 - ZMW 3,000
• Loan Term: 90 days - 320 days
• APR: 15% - 32%

For example, if a borrower requests a loan amount of ZMW 1,000 for a term of 180 days at an APR of 20%, the total service fee would be calculated as follows: ZMW 1,000 * (20% / 2) = ZMW 100. Consequently, the total repayment would amount to ZMW 1,000 + (ZMW 1,000 * (50% / 2)) = ZMW 1,100.

Steps to Secure Your Loan:

1. Download the App
2. Complete Your Personal Details
3. Await Review Process
4. Receive Your Loan

Eligibility Criteria:

• Age Requirement: Applicants must be over 18 years old.
• Employment Status: Must be currently employed or possess a stable income source.
• Identification: A government-issued ID and valid mobile phone number are required.

Benefits of the Service:

• No Collateral: The lending process is unsecured, eliminating the need for collateral.
• Convenience: Transactions can be completed without in-person office visits, saving valuable time.
• Simplicity: Only a single form of identification is necessary.
• Gradual Increase in Loan Amounts: Borrowers can start with smaller amounts and increase their borrowing capability gradually.

About Us:

This application offers a user-friendly platform for online cash lending without collateral, assisting users in addressing their financial needs effectively.

Contact Information:

• Working Hours: 9:30 AM - 7:30 PM
• Email: [email protected]
• Address: HFQ6+V9C, Kabwe, Zambia