Momo Loans : Loans range from USD 50 to USD 500 with repayment period of 100 to 270 days.
Interest ranges from 5% – 9% APR.
Processing Fee: Range from USD 1 - USD 5 one-time charge.
Minimum Annual Percentage Rate (APR) includes interests plus processing fee is:5%.Maximum Annual Percentage Rate (APR) is 9%.
Example:
If you choose a 91 days loan and borrow USD 10 with interest rate APR 9% and processing fee USD 1, the total amount due is USD 11.30.