moneyingulf.com has applied the best of its efforts in gathering and presenting information in this website to get endorsement and recommendation done. All the information along with interest rates will be updated at this website accordingly. Technical inaccuracies and typographical errors may occur at this website sometimes. We never accept any legal responsibility for the content or its accuracy provided here and for any direct or indirect loss on the use of such information. The personal details given by the clients will be safely kept and will be passed on only to the right providers. Links to other websites are given as a matter of ease only and moneyingulf.com has no control over those contents and not liable for the data safety plan.
For this policy, we define personal loans as lending money from one individual, organization, or entity to an individual consumer on a nonrecurring basis, not for the purpose of financing purchase of a fixed asset or education. Personal loan consumers require information about the quality, features, fees, risks, and benefits of loan products in order to make informed decisions about whether to undertake the loan.
Examples (non-exhaustive): Payday loans, title loans, pawn shops
Not included: Mortgages, car loans, student loans, revolving lines of credit (such as credit cards, personal lines of credit)
Advertisers for personal loans must prominently disclose additional information on their destination site or app. Disclosures increase transparency and provide consumers with valuable information to make informed decisions.
The following is not allowed:
Failure to provide minimum and maximum period for repayment
Failure to provide maximum Annual Percentage Rate (APR), which generally includes interest rate plus fees and other costs for a year, or similar other rate calculated consistently with local law
Failure to display a representative example of the total cost of the loan, including all applicable fees
Personal loans which require repayment in full in 60 days or less from the date the loan is issued. This policy applies to advertisers who offer loans directly, lead generators, and those who connect consumers with third-party lenders.
We are a lead generating company which connects consumers with third party lenders.
Apply now for cash and get a quick approval. Minimum period – 6 months and maximum period – 60 months.
The minimum apr is 1.54% and maximum apr is 24.99% depending on your company, salary, bureau score and the type of loan you avail.
Applicable fees will be 1% of loan amount as processing fees & 1% of remaining amount if early settlement.
There are no charges for applying on our platform. Once you apply for the type of product you are interested in, you will get calls from our registered consumers, which will be great for you to compare and decide amongst the options.
Principal Loan Amount = AED 100
Rate of Interest = 1.54%
Processing Fee = 1%
Tenure = 6 month
Total Loan Amount = Principal Loan Amount + Interest + Processing Fee
= 100 + 1.54 + 1
Monthly Installment = Total Loan Amount / Tenure
= 102.54 / 6
= 17. 09