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About Large loans - MorningWallet

Large loans - MorningWallet

MorningWallet is a Online & Large loans app.
Loan review is very fast, according to the repayment can increase the amount, get a higher amount of loans.


[ condition ]
1. Citizens of Myanmar
2. At least 18 years old
3. Steady income

[ Safety ]
We take our users' data security very seriously. We do not share user data with any third parties. All of our data is protected by 256-bit SSL encryption.

【 Product 】
- Loan amount: 300,000 FCFA to 300,000 FCFA
- Loan Term: 91 days to 365 days
- Annual interest rate: 1% to 12%
- Service Fee: 1% to 5%
- For late payments, you may be charged a daily late fee of up to 0.1% (capped at 10% of principal overdue).
- Your loan has no other hidden fees!

Example:
- Loan of 300,000 MMK at an interest rate of 12% (annual rate) valid for 91 days
- Total loan interest = 3,600 MMK
- Loan interest = 30,000 MMK x 12%/365 x 91 = 897 MMK
- Service Fee = 30,000 MMK x 5% = 1,500 MMK
- The total loan amount is 285,000 MMK ( 30,000 MMK - 1,500 MMK)
- The total outstanding loan amount is 30,897 MMK ( 30,000 MMK + 897 MMK)
- Due payment of 30,897 MMK

[ Contact us ]
Mail: [email protected]
Address:19 Donggrotto Street, Shwepyithar Township,North Yangon, Myanmar.

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Frequently Asked Questions(FAQ)

What is MorningWallet?

MorningWallet is an online app that provides large loans.

How fast is the loan review process?

The loan review process is very fast.

Can the loan amount be increased based on repayment?

Yes, the loan amount can be increased based on repayment.

Who is eligible for a loan from MorningWallet?

Citizens of Myanmar who are at least 18 years old and have a steady income are eligible for a loan.

How is user data protected?

User data is protected by 256-bit SSL encryption and is not shared with any third parties.

What is the range of loan amounts offered by MorningWallet?

MorningWallet offers loan amounts ranging from 300,000 FCFA to 300,000 FCFA.

What is the loan term offered by MorningWallet?

MorningWallet offers a loan term ranging from 91 days to 365 days.

What is the annual interest rate for the loans?

The annual interest rate for the loans ranges from 1% to 12%.

Is there a service fee for the loans?

Yes, there is a service fee ranging from 1% to 5% for the loans.

Are there any late payment fees?

Yes, for late payments, a daily late fee of up to 0.1% may be charged (capped at 10% of principal overdue).

Are there any hidden fees for the loans?

No, there are no other hidden fees for the loans.

What is an example of a loan calculation?

An example of a loan calculation is a loan of 300,000 MMK at an interest rate of 12% (annual rate) valid for 91 days. The total loan interest would be 3,600 MMK.

How can I contact MorningWallet?

You can contact MorningWallet through the mail at [email protected] or visit the address at 19 Donggrotto Street, Shwepyithar Township, North Yangon, Myanmar.
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