MyLoan

About MyLoan

MyLoan provides users with safe, convenient and secure online cash loans.


Requirements to borrow
1. Be a Cameroon residents
2. Age above 18 years


Advantages:
1. High Loans Amount: XAF 10,000 to XAF 500,000
2. Long Loan Tenure: 91 days ~ 365 days
3. 100% online process and 24x7 access to loans
4. Customers’ information is safe
5. No credit history required

Loan Features
The Loan App offer:
Loan Amount: XAF 10,000 to XAF 500,000
Loan Term: 91 - 365 days
Service Fee: 6%
Maximum Annual Percentage Rate (APR): 20%

Example:
If the loan amount is XAF 200,000 and the APR is 10% per annum with a tenure of 180 days, the services fee is 6%:
Interest = XAF 200,000 * 10% / 365 * 180 = XAF 9863
Service fee = 200,000*6% = XAF 12000
You will get XAF 200,000 and should repay XAF 221,863 (200,000 + 9863 + 12000)
The monthly payment would be XAF 36977 (221,863 / 6)

CONTACT US
Customer Service Email: [email protected]
Address: Emana, Yaoundé, Cameroon