Easy Loans app is awesome and here is why:

Sample Loan :

Loan Amount (principal) 100 USD
sample interest calculation - (100 * 25 ) / 100 = 125
Expected Payback amount For 65 days - 100 USD + 25 USD = 125 USD
sample monthly payment - 62.50 USD


Loan Terms and Fees:

Loan Amounts: 100 USD - 500 USD
Monthly facilitation fee: 9% - 25%
APR: 20% - 30%

For example, for a 65-days loan with a principal amount of USD 100 the facilitation fee would be USD 25 and the total payable amount would be USD 125

Vivamum repayment period is 90 days while the maximum repayment period is 120 days, with a Vivamum Annual Percentage Rate (APR) is 27%

it does not charge more than the amount of the facilitation fee (plus a one-time late fee if you do not pay after the loan repayment grace period). The loan amount does not compound or accrue.


Please let us know if you have problems when using app by sending us an email Email address: [email protected]: We will respond ASAP.