Easy Finans

"Easy Finans" is an innovative financial mobile application that has become your reliable companion in the field of financial flexibility!

With Easy Finans, you can easily get an online revolving microloan on your payday plastic card (hereinafter referred to as the “Microloan”), and all this happens quickly, without unnecessary worries and in full transparency, taking into account the highest security standards.

A microloan is an innovative solution for anyone who is temporarily facing financial difficulties. With this product, you get a unique payroll-based financial management tool. It is noteworthy that the Microloan limit is set for a year, and its size depends on your salary. This guarantees an organized approach to managing both short-term and long-term financial needs.

Using the "Easy Finans" mobile application, you can easily receive a Microloan and repay them. The application also provides access to your current limit, principal debt and accrued interest. And all this on your smartphone!

The main characteristics of the microloan:

- Micro Loan Limit for 1 year: We provide you with a Micro Loan Limit that remains valid for one year. This gives you the opportunity to plan your finances for a longer period with confidence.
- Interest on the balance of the debt 60% per annum: Interest is charged on the balance of the debt under the Microloan. The annual interest rate is 60%, allowing you to clearly assess the financial costs.
- Flexibility of use and return: Every month you have the opportunity to use your limit or pay off the debt in part or in full, depending on your current financial needs.
An important feature is the obligatory repayment of Microloan debt at the end of each month.
In case of timely repayment of the Microloan at the end of the month, the Microloan limit is automatically restored, providing you with access to reserve funds next month.
If you have not completed the full repayment of the Microloan at the end of the month, your Microloan limit will not be automatically renewed until the full repayment of the debt.
- Transparent terms: All terms of the Microloan, including interest rates, repayment rules and other parameters, are transparently stipulated, and there are no commissions or hidden fees, which allows you to make informed decisions.
- Target audience: A microloan is suitable for everyone, including those who want to effectively manage their finances, have access to reserve funds and maintain financial stability.

Suppose you have a microloan limit of UZS 1,000,000 per year with an annual interest rate of 60%. You decide to borrow funds in the amount of 500,000 UZS for 20 days. Interest is charged on the outstanding balance.

Initial microloan amount: 500,000 UZS.
Interest for 20 days: UZS 500,000 * (60% / 365 days) * 20 days = UZS 8,219
Total debt after 20 days: 500,000 soums + 8,219 soums = 508,219 soums.
If you decide to repay the entire Microloan after 20 days, then the total cost of the loan will be 508,219 UZS.