SimpleCash-Préstamo 1.0.0

SimpleCash

Why borrow money from SimpleCash?

The best platform of digital credit offering online loan services in the form of personal credits to provide urgent assistance to users.

Application requirements:

• Chilean citizens over 18 years old.
• Have a valid government issued identification card (RUN).
• Own a personal bank account.

Product overview:

• Credit limit: CLP $50,000 to CLP $1.2 million pesos
• Terms: 91 to 180 days
• Interest: 0.05% - 0.09% daily rate
• Commission: 5% - 8% of the total loan
• Value Added Tax (VAT): 19% VAT applied on the commission in accordance with Chile's policies and laws
• Maximum Annual Percentage Rate (APR): 32.85%

If you request a loan of CPL$300,000 for a loan term of 120 days, here are the loan details:

• Loan amount: CPL$300,000
• Loan term: 120 days
• Interest: CPL$18,000 = CPL$300,000 * 0.05% * 120
• Commission: CPL$15,000 = CPL$300,000 * 5%
• VAT: CPL$6,270 = (CPL$18,000 + CPL$15,000) * 19%
• Total amount: CPL$339,270 = Loan amount(CPL$300,000) + Interests(CPL$18,000) + Commission(CPL$15,000) + VAT(CPL$6,270)

The total amount to be paid would be up to CPL$339,270.

Security: We attach great importance to your privacy and data security. We are regulated by the Financial Market Commission (CMF), a Chilean public entity that regulates financial institutions. Your funds with us will be 100% secure.

Contact us:

Contact us via email if you have any inquiries about our App or service, and we will get back to you as soon as possible.

Email: [email protected]

Hours of operation: Monday to Friday 9am-6pm, Holidays: 10am-5pm