Compare and decide on one of the 10 lenders presented
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Address: Sri Lanka
Phone number: -
E-mail: [email protected]
Max APR: 365%
Term: 3 months - 1 year
Loan of Rs 50 000 for 6 months, monthly payment Rs 8 948, total amount Rs 53 688, annual percentage rate APR 15%.
Address: Sri Lanka
Phone number: -
E-mail: [email protected]
Max APR: 365%
Term: 3 months - 1 year
Loan of Rs 50 000 for 6 months, monthly payment Rs 8 948, total amount Rs 53 688, annual percentage rate APR 15%.
Address: Sri Lanka
Phone number: -
E-mail: [email protected]
Max APR: 365%
Term: 3 months - 1 year
Loan of Rs 50 000 for 6 months, monthly payment Rs 8 948, total amount Rs 53 688, annual percentage rate APR 15%.
Address: 321, Galle Road, Colombo 03
Phone number: +94 117 877 555
E-mail: [email protected]
Max APR: 13.68%
Term: 3 months - 6 months
Loan of RS 25 000 for 6 months, monthly payment RS 6 750, total amount RS 40 500, annual percentage rate APR 13.68%.
Address: 106, Dharmapala Mawatha, Colombo 07
Phone number: +94 117 811 555
E-mail: [email protected]
Max APR: 16%
Term: 4 months - 6 months
Loan of RS 5 000 for 3 months, monthly payment RS 2 867, total amount RS 8 601, annual percentage rate APR 16%.
Address: No 47, Alexandra Place, Colombo 7, Sri Lanka
Phone number: +94 117 750 300
E-mail: [email protected]
Max APR: 15%
Term: 62 days - 1 year
Loan of RS 50 000 for 6 months, monthly payment RS 8 948, total amount RS 53 688, annual percentage rate APR 15%.
Address: 47 Alexandra Place, Colombo 7
Phone number: +94 114 411 122
E-mail: [email protected]
Max APR: 200.02%
Term: 62 days - 3 months
Loan of RS 10 000 for 3 months, monthly payment RS 6 633 total amount RS 19 900, annual percentage rate APR 198%.
Address: No 25, Simon Hewavitharana Road, Colombo 3, Sri Lanka
Phone number: +94 114 279 800
E-mail: [email protected]
Max APR: 182.5%
Term: 3 months - 6 months
Loan of RS 5 000 for 3 months, monthly payment RS 2 425 total amount RS 7 275, annual percentage rate APR 182.5%.
Address: 47 Alexandra Pl, Colombo 00700
Phone number: +94 117 474 111
E-mail: [email protected]
Max APR: 216.12%
Term: 62 days - 3 months
Loan of RS 5 000 for 3 months, monthly payment RS 1 650 total amount RS 9 950, annual percentage rate APR 216.12%.
Address: No. 341/5, M & M Center, Level 01, Kotte road, Rajagiriya
Phone number: +94 117 358 358
E-mail: [email protected]
Max APR: 15%
Term: 62 days - 1 year
Loan of RS 50 000 for 6 months, monthly payment RS 8 948, total amount RS 53 688, annual percentage rate APR 15%.
Explore the Best Loans in Sri Lanka on Creditguru.app: Your Ultimate Financial Solution!
Welcome to Creditguru.app – a unique online platform that simplifies comparing and applying for loans in Sri Lanka. This service gives you access to a broad spectrum of loan options, available 24/7, from trusted microfinance providers. We are committed to offering a seamless experience where you can easily review diverse loan choices and apply for the one that best suits your financial needs. Whether you’re at home or on the go, applying for a loan has never been easier.
Ready to unlock the best financial opportunities for you? Start comparing loans today!
Why Online Loans Are the Smartest Choice for You:
Step into the world of flexible and convenient financial solutions with the best loan options in Sri Lanka, tailored to meet your individual needs:
- A wide selection of choices: Creditguru.app offers a variety of loan offers from reliable lenders across Sri Lanka. Whether it’s a small loan or something larger, we help you find the best match for your situation.
- Fast and easy application: Spend just a few minutes comparing loan options and selecting the one that suits you. Apply quickly with a straightforward process.
- Minimal paperwork: Forget about piles of paperwork. Applying for an online loan requires fewer documents and no need to visit the lender’s office.
- Personalized repayment terms: Choose loan amounts and repayment schedules that fit your financial situation, giving you control and peace of mind.
- No hidden fees: Transparency is key – with Creditguru.app, you know exactly what to expect in terms of costs, and there are no unexpected charges or surprises.
- Consider your options: It’s important to thoroughly review all loan terms before committing to a loan. Make sure it’s a financially sound decision that you can comfortably repay.
Important Details to Know About Loans on Creditguru.app:
We strive to provide you with detailed information about top loans in Sri Lanka, helping you make well-informed decisions. While exploring your options, keep these key factors in mind:
- Loan Amount: Decide how much you need. Loan amounts typically range from 1000 to 100,000 Rs.
- Repayment Period: Choose a repayment term that fits your financial situation, ranging from 62 days to 1 year.
- Interest Rates: As a first-time borrower, you may qualify for a 0% interest rate, but always check the Annual Percentage Rate (APR), which could be as high as 5261%.
Here’s a Sample Loan Calculation:
Let’s say you take out a loan of 50,000 Rs for 6 months at an interest rate of 15%. Your monthly payment would be approximately 8,948 Rs, with a total repayment of 53,688 Rs by the end of the term.
Eligibility for Loans on Creditguru.app:
To increase your chances of loan approval, ensure you meet these basic eligibility criteria:
- Age: Most loans are available to individuals aged 20 to 80, depending on the lender.
- ID: Provide a valid identification document (NIC).
- Bank account or card: Ensure you have an active bank account or card to receive the loan funds.
- Contact details: A valid phone number and email address are required for communication.
Meeting additional criteria, such as having a steady income and a good credit history, will also improve your chances of securing a loan.
Important Tips for Loan Repayment:
Repaying your loan responsibly is essential to maintaining your financial health. Here’s how to stay on track:
- Stay organized: Mark repayment due dates or set up automatic payments through online banking.
- Pay early: Make your payments a few days ahead of time to ensure they’re processed on time.
- Reach out to the lender: If you face challenges with repayment, communicate with the lender promptly to request an extension if needed.
- Address issues quickly: If repayment difficulties arise, take action fast to avoid any adverse effects on your credit history.
By prioritizing timely loan repayment, you protect your financial future and keep your options open for future borrowing.
Additional Associated Fees
Many or all of the products we offer are from our partners, from whom we may receive commission. This may affect the placement of offers and whether a product is included in the comparison. However, this does not affect our ratings.
In addition to obvious costs like interest and repayments, there may be hidden fees that ultimately make a loan more expensive than it initially appears. These hidden costs are not always obvious and can take many forms.
One of the most common hidden costs is a processing fee. Some lenders charge a fee for reviewing a loan application, which is added to the loan amount and interest. While this practice is criticized and sometimes restricted by law in many countries, it is important to consider this when taking out a loan.
Insurance premiums, especially for residual liability insurance, are another issue often overlooked. These insurances are designed to protect both the borrower and the lender if the borrower is unable to service the loan for reasons such as illness or unemployment. However, the cost of such insurance can be high and may significantly increase the overall loan expenses.
If a borrower wishes to repay a loan early, prepayment penalties may apply. These fees are intended to compensate lenders for lost interest income.
Additionally, a special repayment fee may be charged. While some loan agreements offer the option of special repayments without any additional fees, other lenders may impose a charge.
The overall cost of a loan may also be affected by an adjustment to the interest rate on variable-rate loans. If the base interest rate increases, the cost of the loan will also rise.
Therefore, it is crucial for borrowers to carefully review all aspects of a loan agreement, considering not only the nominal interest rate but also any additional fees and charges, to get a true understanding of the total cost of the loan.
Creditguru.app is here to provide you with the insights and information you need to make the right financial choices. While we do not offer loans ourselves, we give you access to a wide range of lenders and microfinance options to help you secure the right loan for your needs.
