FreedomLoan is a lending platform that helps all those in Sri Lanka who need funds to grow their business, store or for any other emergency.
Customers can get qualifying loan products on their smartphones at any time. Meet your financial needs online 24/7. The computer review process allows users to wait a shorter period of time after applying for a loan.
Customers will receive the review results soon, and once approved, the loan amount will be immediately disbursed to the user's wallet.
To get loan from FreedomLoan, users need to be:
1. 18 years or above
2. Sri Lankan citizen
3. With regular source of income
How to APPLY
1. Download FreedomLoan
2. Register an account with your phone number
3. Fill in basic information
4. Submit the application
5. Wait for approval
【Product Description】
Loan amount - 5000 to 85000 LKR
Loan 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】
APR 12% (per annum) 5000 LKR loan with a term of 91 days
Loan interest = 5000LKR x 12% / 365 x 92 = LKR 151.2
Loan Fee = 5000 LKR x 3% = 150 LKR
Total loan = 5,000 LKR
The total loan amount is 4850 LKR (50,000 to 1,500 LKR).
The total loan that needs to be repaid is 5151.2 LKR (5000 LKR + 151.2 LKR).
- Repayment of 5151.2 LKR due
Security
Don’t worry about your personal information. FreedomLoan promises that it is safe and we will not share it to anyone without your consent.
ADRESS:Lucky plaza 70 / 20 St. Anthony’s mawatha Colombo 3
Customer Service Email: [email protected]
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