CashRoom

Features CashRoom

【APP Introduction】CashRoom is a platform that focuses on serving users who need short-term loans.
It will provide users with safe and reliable loan services.Ideal: Establish a healthy and good lending relationship between the platform and users.【Application Conditions】1.
Citizens holding Myanmar or Cambodia identity card2.
Age must be between 18-55 years old3.
Ability to repay【Application Purpose】1.
Download the app (CashRoom)2.
Fill in your real information3.
Apply for a loan within the app4.
After approval, the loan amount will be transferred directly to the users bank account【Product Description】Loan amount - 20000 to 80000 MMKLoan term - 91 days to 365 days- APR: 3% to 12% per annum- Management Fee - 1% to 5%Late Fees Late fees of up to 0.1% per day (up to 18% of the overdue amount) are charged.
There are no other secret fees on your loan.- Users will only be penalized for late payment of scheduled payments.【For Example】If the loan amount is MMK 50000 for 180 days (6 months), the APR is 10%, the interest and total amount to pay on the due date isInterest: MMK 50000 * 10% / 365 * 180 = MMK 2466Principal repayment = MMK 50000Total amount of repayment: MMK 50000 + MMK 2466 = MMK 52466As the repayment period is for 6 months:Monthly repayment is MMK 52466 / 6 = MMK 8744【Information Security】User information is absolutely safe.All information is encrypted and protected, and we do not share user data with any third parties.