FriendCash 1.0.6

FriendCash emerges as a prominent player in Myanmar's loan application market, offering a range of financial solutions tailored to individual needs. The app aims to facilitate swift and secure access to funds for those navigating unexpected expenses or significant purchases.

User Requirements:

• Must be 18 years or older
• Must be a citizen of Myanmar
• Must have a regular source of income

Product Features:

• Loan Amount: up to Ks 800,000
• Loan Tenure: 91 days to 365 days
• Maximum APR: 25%
• Service Fee: 5%

Example Calculation:

For a loan amount of Ks 600,000 over a period of 180 days at an APR of 16%, the following financial breakdown can be observed:

• Daily interest rate = 16% / 365 = 0.0438%
• Interest for 180 days = Ks 600,000 * 0.0438% * 180 = Ks 47,304
• Service Fee = Ks 600,000 * 5% = Ks 30,000
• Total repayment = Ks 600,000 + Ks 47,304 + Ks 30,000 = Ks 677,304

Security:

The security and privacy of users are a top priority for FriendCash, which implements advanced encryption technologies to safeguard personal and financial information.

Contact Information:

• Email: [email protected]
• Address: No. 123, Pyay Road, Kamayut Township, Yangon, Myanmar