Rich Loan: A New Way to Borrow Money
Rich Loan is a new lending platform for iPhone users that offers loans ranging from 5,000 to 50,000 baht with repayment terms ofdays. The interest rates range from 12-24% per annum, and there are no additional fees. The loan interest formula is interest = loan amount * loan term (daysdays * interest rate per annum. For example, if you borrow 10,000 baht for 100 days at an interest rate of 16% per annum, the interest charged will bebaht, and the total repayment amount will be 10,baht.
Rich Loan's lending criteria require borrowers to have good credit, and borrowers must be at least 20 years old and Thai citizens. The app is straightforward to use. After downloading and opening the app, users can select the loan amount they require and complete the application process. Rich Loan will then review the application, and if approved, the user will receive the funds promptly.
Overall, Rich Loan offers a new way for iPhone users to borrow money, with competitive interest rates and flexible repayment terms. However, users should carefully consider the lending criteria and the terms and conditions before applying for a loan.
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