Loan 1 - no overpayments

With the Loan 1 app, you can easily apply for a loan and receive the funds directly on your bank card promptly. Say goodbye to the hassle of searching for financial institutions, waiting in lines, and filling out paper forms. By simply downloading the application, you can secure your loan efficiently.

Loan 1 is a practical service that offers financial assistance at your fingertips. Tailor the loan amount and duration, complete a few straightforward fields, and submit your application. Receive a swift decision on your loan request, with funds arriving in no time on your card.

The Borrow 1 app presents a diverse selection of credit institutions and microfinance companies ready to provide loans on favorable terms. Review the loan conditions to select the most suitable option conveniently.

Borrow 1 assures a high level of security for your personal data and financial transactions with secure protocols safeguarding your information from third parties.

Stay informed about current rates and loan conditions using the app, enabling you to choose the most beneficial option. Access up-to-date financial news and reviews to remain abreast of market trends.

Loan Terms:

• The minimum loan repayment period: 92 days
• Maximum loan repayment term: 365 days
• Annual Percentage Rate (APR) ranges from 1% to 32% inclusive of interest and other charges for the year
• Loan extension is possible by informing the lender in advance and settling interest for the initial term without additional commissions

Interest Rate Example Calculation:

• Credit amount: 30,000 rubles
• Loan term: 100 days
• Utilization fee: 0.08% per day (24 RUB/day) or 2.4% per month (720 RUB for a month)
• Total commission for 100 days: 2,400 rubles
• Total repayment amount with loan: 32,400 RUB
• Full Loan Cost (FLC): 29.2% per annum

The Loan 1 application serves as a reliable and efficient tool for obtaining quick cash loans when you need them most, helping you overcome financial challenges effectively.