HastyCredit 1.0.4

HastyCredit presents itself as a reliable option for those in need of quick financing solutions in Sri Lanka. The application promises not only rapid approvals but also competitive interest rates and adaptable repayment plans, catering well to personal loans, urgent financial situations, or business requirements.

User Requirements:

• Age Requirement: Applicants must be at least 18 years of age.
• Citizenship/Residency: Only Sri Lankan citizens or legal residents are eligible.
• Income: A stable income stream or employment is necessary for consideration.
• Active Phone Number: A functional mobile number is required for verification purposes.

Product Features:

• Loan Amount: Eligible borrowers can access loans up to Rs 100,000.
• Flexible Loan Tenure: Repayment terms range from 91 days to 365 days, allowing for customization to fit individual needs.
• Competitive Interest Rates: The annual percentage rate (APR) varies from 10% to 24%.
• Low Service Fee: Fees begin as low as 6% of the loan amount.

Example Calculation:

For a loan of Rs 100,000 with an APR of 15% over a tenure of 180 days, including a service fee of 6%:

• Daily Interest Rate: 15% / 365 = 0.04%
• Interest for 180 days: Rs 100,000 * 0.04% * 180 = Rs 7,380
• Service fee: Rs 100,000 * 6% = Rs 6,000
• Total Repayment Amount: Rs 100,000 (principal) + Rs 7,380 (interest) + Rs 6,000 (service fee) = Rs 113,380

Data Security:

HastyCredit emphasizes the importance of safeguarding personal and financial data. The company implements robust security protocols to protect user information throughout the loan application process.

Customer Service:

• Email: [email protected]
• Address: No. 16, Park Road, Colombo 05, Sri Lanka