MLoan

MLoan.Asia

MLoan is a reputable financial company providing online financial solutions through mobile application. We help our clients access to credit services WITHOUT ANY INTERESTS and GUARANTORS. In addition to providing a fast-to-approve financial solution, we also offer flexible payment terms in the long run.

With our years of experience and proficiency in the finance field, we assure you that we will provide the best solution for your financial predicaments.

Fees & Charges:

Minimum duration of payment: 3 months

Maximum repayment period: 24 months

Max. Annual Percentage Rate (APR) is 0%.

Processing Fee (Includes Legal Fee, Stamp Fee, and Service Fee)

RM300 ~ RM15000 depending on the loan amount

Early Termination Fee: None

Late Payment Interest

Late payment penalty may apply

Calculation of the Loan

Example:

Loan Amount - RM3000.00

Loan Period - 6 Months Installment

Interest Rate - 0%

Processing Fee (Includes Legal Fee, Stamp Fee and Service Fee) - RM30

Total Interest Charge: Loan Amount * Interest rate per month * Loan Period

RM3000 * 0% (Interest per month) * 6 Months = RM0

Total Repayment Amount: Loan Amount + Total Interest Charge

RM3000 + RM0 = RM3000

Monthly Installment Calculation: Total Repayment Amount / Loan Period

RM3000 / 6 Months = RM500

Total Cost of Loan = Processing Fee + Profit Rate Charges

Total Cost of Loan = RM30 + RM0 = RM30

Others:

Minimum repayment period 100days

Maximum repayment period 730days

Maximum Annual Percentage Rate 30%

Including all applicable fees (Service Fee, Legal Fee, Stamp Fee)

Terms & Conditions

https://www.mloan.asia/terms-and-conditions/

Privacy Policy

https://www.mloan.asia/privacy-policy/

MLoan.Asia