UUwallet-online

Application Name: UUwallet

Team Background:
Founded in Phnom Penh, our team comprises primarily young professionals who are often faced with the need for short-term loans. Recognizing that borrowing can be a vital tool for managing life's uncertainties, we aim to create a safe and accessible lending platform that responsibly serves the community.

Application Overview:
UUwallet is designed to meet the needs of users seeking short-term loans. The platform provides reliable and secure loan services, fostering a healthy and constructive relationship between the platform and its users.

Eligibility Criteria:

• Must hold a Cambodian identity card
• Age should be between 18 and 65 years
• Possess a bank account in Cambodia
• Demonstrate the ability to repay the loan

How to Use the Application:

1. Download the UUwallet application
2. Provide accurate personal information
3. Submit a loan application through the app
4. Upon approval, the loan amount will be transferred directly to your bank account

Product Details:

• Loan Amount: $200 to $2000
• Loan Term: 91 days to 365 days
• APR: 2% to 12% per annum
• Management Fee: 1% to 5%
• Late Fees: Up to 0.1% per day (capped at 18% of the overdue amount); no hidden fees apply.

Example:
For an APR of 12% on a $1,000 loan with a term of 91 days:
Total Loan = $1,000
Loan Interest = $1,000 x (12% / 365) x 92 = $30.2
Loan Fee = $1,000 x 2% = $20
Total Amount Disbursed = $980 ($1,000 - $20)
Total Repayment Amount = $1,030.2 ($1,000 + $30.2)
Repayment due: $1,030.2

Information Security:
User data is securely protected through advanced encryption methods. We assure that no personal information is shared with third parties.

Contact Information:
Company Name: PRICELESS PEARL GLOBAL COMPANY LIMITED
Address: No. 44, Street 332, Sangkat Boeng Kak Ti 3, Khan Tuol Kouk
Email: [email protected]
Service Hours: Monday-Saturday, 9:30 AM - 6:00 PM