Fiado APP

ESP
Get a loan:
*Get loans ranging from 100 USD to 3,000 USD.
*Payments from 6 months up to a maximum of 36 months
*Monthly nominal interest rate from 3.33% to 5%
*Annual Equivalent Rate (APR/APR) from 40% to a Maximum of 60%
*Late fee from 1.50 USD to 10.99 USD.
*Disbursement fee from 1.5% to 10%
*No prepayment fee
*No membership commission
ENG:
Get a loan:
*Get loans ranging from $100 to $3,000
*Repayments beginning of 6 months to a maximum of 36 months
*Monthly interest rates starting at 3.33% up to 5%
*Annual Percentage Rate (APR) from 40% up to a Maximum of 60%
*Overdue fee from $1.50 to $10.99
*Disbursement Commission from 1.5% to 10%
*No early payment fee
*No Membership fee
REPRESENTATIONAL EXAMPLE (APR 40%):
-Initial Amount: $108.00
-Amount Requested: $100.00
-Disbursement Commission: 8%
-Term (months): 12
-Annual Percentage Rate: 40%
-Monthly Percentage Rate: 3.3%
-Monthly Payment: $11.07