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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: 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: 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: No. 341/5, M & M Center, Level 01, Kotte road, Rajagiriya
Phone number: +94 117 750 300
E-mail: [email protected]
Max APR: 15%
Term: 3 months - 6 months
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: 183.96%
Term: 3 months - 6 months
Loan of RS 8 000 for 3 months, monthly payment RS 3 866.37, total amount RS 11 600, annual percentage rate APR 183.96%.
Address: 344 Galle Rd, Colombo 00300
Phone number: +94 114 411 122
E-mail: [email protected]
Max APR: 260%
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. 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%.
Online Loans in Sri Lanka with Creditguru.app – Fast, Flexible, and Convenient
Step into the world of hassle-free online loans with Creditguru.app – your go-to platform for finding the best loan options in Sri Lanka. Our platform brings together a wide range of lenders competing to offer you the most competitive online loans, available around the clock.
With Creditguru.app, we aim to make your borrowing experience simple and informed. We provide easy-to-use tools and clear insights to help you select the loan that fits your needs.
Experience a stress-free loan process with no paperwork and quick approvals. Receive funds directly to your card in just minutes. It’s fast, easy, and efficient—try it today!
Why Choose Online Loans with Creditguru.app?
- Quick Access: Get the funds you need without delay with fast online loan approvals.
- Convenience: Apply from the comfort of your home, with no paperwork and no need to visit a lender.
- Tailored Options: Customize your loan amount and repayment plan to suit your financial situation.
- Transparency: Our lenders offer clear terms with no hidden fees.
- Open to All: Online loans are available for everyone, regardless of credit history.
- Security: Your personal and financial information is safe with our robust security measures.
- Dedicated Support: Our customer service team is available to assist you throughout the loan process.
Factors to Consider When Choosing an Online Loan
Creditguru.app provides all the information you need to make an informed decision about online loans in Sri Lanka. Here’s what to keep in mind:
- Loan Amount: Choose the amount you need, typically ranging from 1000 Rs to 100,000 Rs.
- Repayment Period: Pick a repayment term that suits your budget, from 62 days to 1 year.
- Interest Rates: As a first-time borrower, you may get a loan with a 0% interest rate, but the maximum APR can go up to 5261%.
Example Loan Calculation
For a loan of RS 50,000 over 6 months with a 15% interest rate, your monthly payment would be RS 8,948, and the total repayment would be RS 53,688 at the end of the term.
Eligibility for Online Loans
Applying for an online loan is easy. Lenders generally require:
- Age between 20 and 80 years
- Valid NIC details
- A functioning bank account or card
- A phone number and email address for communication
A steady income and good credit history can improve your chances of approval. Ensure all information provided is accurate and truthful for a smooth application process.
Repaying Your Loan Responsibly
Timely repayment is key to maintaining a healthy financial future. Here are some tips to manage your loan repayment effectively:
- Stay organized by setting reminders or using automatic payments.
- Pay ahead of schedule to avoid late fees.
- If you face challenges, contact your lender early to discuss options.
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.
At Creditguru.app, we offer valuable information to help you compare online loan options from trusted lenders. We don’t offer loans directly, but our platform is your one-stop solution for finding the right loan that fits your needs.
