Easy Loan

About Easy Loan

Easy Loan is Saudi Arabia’s trusted mobile loan application, designed to simplify the borrowing process. With Easy Loan, users can quickly access personal loans directly from their smartphones, anytime and anywhere. Tailored to meet the unique financial needs of Saudis, our app offers competitive interest rates, transparent terms, and a hassle-free application process. Whether it's for emergency funds, major purchases, or managing cash flow, Easy Loan provides a secure and efficient solution to help you achieve your financial goals. Experience seamless lending with Easy Loan—your partner in personal finance.

Eligibility Criteria:
1. Must be Saudi Arabian;
2. Aged 18 years and above;
3. Either employed or self-employed.

Loan Details:
Loan Amount Range: SAR 7000 to SAR 50,000.
Repayment Period: From 91 days up to 360 days.
Maximum Annual Percentage Rate (APR): 28%.

Example Calculation:
For a loan of SAR 20,000 over a period of 91 days (3 months) with an APR of 20%:

Interest: (SAR 20,000 * 20% / 365 * 91) = SAR997.
Principal to be repaid: SAR 20,000.
Total repayment amount: SAR 20,997.
Monthly repayment: SAR 20,997 / 3 = SAR 6,999.


Application Process:
Step 1: Download the App
Step 2: Register/Create Your Account
Step 3: Complete Your Profile
Step 4: Apply for a Loan
Step 5: Submit Required Documents
Step 6: Loan Evaluation
Step 7: Approval and Disbursement

Data Security:
We prioritize your privacy and security. All personal data is transmitted securely via HTTPS and is only shared with lenders with your explicit consent. We ensure all transactions are safeguarded with 128-bit SSL encryption.

Get in Touch:
If you encounter any issues or have questions at any point, use the customer support feature in the app. Support can often help with application issues, payment questions, or any other inquiries. Please reach out to our customer service at [email protected].

Address: King Abdullah Financial District, Al Aqiq, Riyadh 13511, Saudi Arabia