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Crediexpress - Quick and Easy Loan Application
Crediexpress is a free Android application developed by CrediExpress Powered by Findo that enables users to apply for loans through their mobile phones in a few simple steps. The app provides instant evaluation and if approved, the user can receive the money on the same day. With Crediexpress, users can apply for loans ranging from $6,000 to $30,000 with a minimum term of 6 months and a maximum term of 18 months.
The app uses the French system of amortization to calculate the loan repayment, with a TNA of 165%, CFT of%, and TEA of%. The app charges a 10% administrative fee on the loan amount. For instance, if a user borrows $18,000 for 12 months, they will have to pay $3,949 per month, with a total repayment amount of $47,388.
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