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Micro Loan - Instant Loan App
Description [menu]
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.
How to install Micro Loan - Instant Loan App APK for Android [menu]
Download Micro Loan - Instant Loan App APK file (com.microloan.applyforloan.instantloanapplyonline_1_17990619.zip) from SameAPK.com, then follow these steps:
Update Phone Settings
- Go to your phone Settings page
- Tap Security or Applications (varies with device)
- Check the Unknown Sources box
- Confirm with OK
Go to Downloads
- Open Downloads on your device by going to My Files or Files
- Download Split APKs Installer (SAI)
- Download and unzip file you already downloaded (com.microloan.applyforloan.instantloanapplyonline_1_17990619.zip)
- Open Split APKs Installer and follow steps on this app.
- Tap Install when prompted, the APK file you downloaded will be installed on your device.
How to install Micro Loan - Instant Loan App APK on Windows 7/8/10 or MAC PC? [menu]
Download Micro Loan - Instant Loan App APK file(com.microloan.applyforloan.instantloanapplyonline_1_17990619.zip) from SameAPK.com to your PC (ex: /Users/xxx/Downloads/(com.microloan.applyforloan.instantloanapplyonline_1_17990619.zip)), then follow these steps:
Using Emulator:
- Download And Install one Emulator Softwares (Ex: Bluestacks, GenyMotion, NoxPlayer)
- Download and unzip file com.microloan.applyforloan.instantloanapplyonline_1_17990619.zip.
- Using ADB or Split APKs Installer same as install for Android.
Micro Loan - Instant Loan App APK Pros & Cons [menu]
Pros
- This app is safe, it's not require high risk permissions
- Compatible with 64-bit device (some android device and current Bluestacks)
Cons
- No best performance On PC (Windows, MAC) (because it's not exists X86 variant)
