Prime Loans

Prime Loans - Loan Shark Review
Interest Rate 40%
Duration From 7 days
Access Level Public
Company Name Prime Loans
Phone 1
Phone 2
Website or Store
Address
Category Mild Loan
Company Email opencreditltd@gmail.com
Views 1,784

Training Videos

Frequently Asked Questions


About Prime Loans

Whatever your financial needs may be, with Prime Loans, it's simple to apply for a mobile money loan ranging from ₱5,000 to ₱30,000.

Key Benefits

Easy, Fast, and Convenient Need a quick loan? Prime Loans offers a straightforward and hassle-free application process with minimal paperwork, so you can get the funds you need as soon as possible. Whether it's for a purchase you can't wait to make, seizing a great deal, or covering unexpected expenses without compromising your lifestyle, Prime Loans is here to help.

How to Apply for a Loan in 3 Easy Steps:

Create Your Account: Sign up and create your account within minutes.

Confirm Identification Details: Verify your identity with the necessary documents.

Apply for Your Loan: Submit your loan application and await approval.

Loan Details

Loan Amount: ₱5,000 – ₱30,000

Loan Term: Ranges from 90 to 365 days (3 to 12 months)

Loan Interest Rate: Flexible options with a maximum APR of 24% per annum

Transaction Fee: Zero transaction fees

The minimum repayment period is 65 days, and the maximum is 120 days, with a maximum APR of 24% per year. No hidden transaction fees mean you know exactly what you're signing up for.

Why Choose Prime Loans?

Instant Access: Receive loan funds directly to your mobile phone swiftly.

Multiple Loans: You can borrow more than one loan at a time, within your loan limit.

Emergency Flexibility: Address emergencies no matter where you are.

Secure Information: Your data is secure and not shared with third parties.

Competitive Interest Rates: Enjoy the lowest interest rates in the market.

User-Friendly: The app is designed for ease of use.

Examples of Loan Calculations

Example 1:

Principal Amount: PHP 5,000

Interest Rate: 24%

Total Amount Payable: PHP 6,200

Calculation: PHP 5,000 * 24% + PHP 5,000 = PHP 6,200

Example 2:

Principal Amount: NGN 10,000

Term: 6 months

Interest Rate: APR 24% p.a. (fixed)

Total Amount Payable: NGN 12,400

Our Promise of Safety and Security

At Prime Loans, we take your privacy seriously and will never share your personal information without your explicit permission. When you download the app, we may request access to your phone's data, such as SMS history and other information. This data is strictly used to verify your identity and create a credit score.

Contact Us

We would love to hear from you. For any inquiries or support, write to us:

Email: opencreditltd@gmail.com


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