Download My Credit MN 0.9.8 – Descargar

MyCredit is a loan service that provides quick access to the funds you need.

To become a MyCredit user, an AI system will evaluate your credit score based on the information submitted. It is necessary to meet the following conditions to qualify for the MyCredit loan application:

• To have full capacity according to civil law regulations
• Pay social security tax
• No history of late payments or bad credit
• Lives in Ulaanbaatar city
• Not to be a user of more than 3 other loan applications

Upon acceptance, a two-year contract will be agreed, which allows several loan requests within this period.

Users have the flexibility to manage and schedule their loan terms directly through the application.

The loans vary from MNT 50,000 to MNT 1,500,000 with payment periods varying between 60 and 210 days. An annual percentage rate (APR) of 36% applies.

For example, borrowing MNT 100,000 for 60 days will result in a cost of MNT 6,900 (consisting of interest and fees). Repayment can be made in installments or at the end of the term based on the borrower’s financial status.

By repaying loans on time, users can collect bonus points to increase their credit limit and reduce interest.