credit plus - loan tips is one of the online cash loan tips applications or online credit without collateral in Indonesia.
Credit Plus Inligting Loans uses procedures that are so easy and fast that loan applications can be made anywhere and at any time.


Who can borrow?

- Aged 18 years or over and already have an ID card
- Indonesian Citizen
- You have any bank account
- already have sufficient income

Calculating loan interest, the steps are as follows:

1. Determine the amount of loan or principal obtained.
2. Determine the interest rate per period, usually in years. For example, if the interest rate is 12% per year, then the interest rate per period is 1% per month.
3. Determine the loan time period in units of the same period as the interest rate used. For example, if the interest rate is 1% per month, then the loan period is also calculated in months.
4. Calculate the interest per period by multiplying the loan amount by the interest rate per period. For example, if the loan amount is IDR 10 million and the interest rate per month is 1%, then the interest per month is IDR 10 million x 1% = IDR 100 thousand.
5. Calculate the total interest that must be paid by multiplying the interest per period by the number of loan periods. For example, if the loan period is 12 months, then the total interest that must be paid is IDR 100 thousand x 12 = IDR 1.2 million.
6. Add up the loan amount with the total interest that must be paid to get the total payment amount. For example, if the loan amount is IDR 10 million and the total interest to be paid is IDR 1.2 million, then the total payment amount is IDR 11.2 million.

Please remember that there are several types of interest used in the world of finance, such as fixed interest and floating interest. Therefore, interest calculations may vary depending on the type of interest used in the loan.

Disclaimer :
credit plus - loan tips This only provides online loan tips and conditions to make it easier, it has nothing to do with the original application.