A loan application requires completing specific information and meeting established criteria. Upon contract signing, individuals become eligible for loans ranging from 100,000 to 1,000,000 MNT.
- Loan Terms and Fees:
- Loan Amount: 100,000 MNT - 1,000,000 MNT
- Service Fee: 0 ₮
- Loan Repayment Period: 3-9 months
- Monthly Interest: 2.63% - 2.79%
- APR: 32% - 34%
- Sample Loan:
- Loan Amount: 300,000 MNT
- Service Fee: 0 ₮
- Loan Repayment Period: 3 months
- APR: 31.8%
- Monthly Payment: 105,346.20 MNT
- Interest: 15,811.22 MNT
- Total Payment: 315,811.22 MNT
To obtain a loan:
- Register: Download the Money-T application, enter your user details, and verify your phone number.
- Define Credit Rights: Based on the provided information, an assessment will determine the loan amount and terms to be considered.
- Conclude a Loan Agreement: Upon loan approval, visit the office in person to sign a physical agreement.
- Acquire the Loan: Access the Money-T app to select the desired loan type, adjust the amount and term, and receive the loan transfer to your bank account.
Overview
Money-T is a Freeware software in the category Business developed by Everest Solution.
The latest version of Money-T is 1.0.26, released on 10/01/2024. It was initially added to our database on 10/01/2024.
Money-T runs on the following operating systems: Android.
Users of Money-T gave it a rating of 4 out of 5 stars.
Pros
- User-friendly interface that simplifies expense tracking.
- Offers multi-currency support for international transactions.
- Good reporting and analytics features for financial oversight.
- Mobile app availability for on-the-go money management.
- Integration with various banking institutions and payment platforms.
Cons
- Limited customer support options available outside business hours.
- Some users report glitches and bugs in the mobile app.
- Price may be considered high compared to competitors for similar features.
- Not suitable for very large businesses due to scalability limitations.
- The learning curve can be steep for users unfamiliar with financial software.
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