HaloCash: Safe Loan 1.0.4

HaloCash: A Review of Its Loan Services

Service Offer:

• Loan Amount: Ranges from 20,000 to 1,200,000 TZS
• Loan Term: Minimum of 120 days to a maximum of 360 days
• Lending Rates:
  • Daily interest rate: 0.04% - 0.09%
  • Service fee: 1%
  • Maximum annual percentage rate (APR): 35.89%
• The loan amount and interest rate are subject to actual approval.

Loan Example:

For an applicant seeking a loan of 80,000 TZS with a term of 120 days at an interest rate of 0.05%:

• Principal amount: 80,000 TZS
• Total interest: 80,000 * 0.05% * 120 = 4,800 TZS
• Service fee: 80,000 * 1% = 800 TZS
• Loan fee: 4,800 + 800 = 5,600 TZS
• Total repayment (principal + loan fee): 85,600 TZS

Requirements for Applying for a Loan:

1. Must be a legal resident of Tanzania
2. Aged between 18 and 65 years old
3. Must have a fixed income

Advantages of HaloCash:

• Paperless and digital processes accessible via mobile phone
• 24/7 availability for obtaining loans
• Efficient application review process
• Funds disbursed directly to your linked account upon approval

How to Use the Service:

Users can download the HaloCash app, register with their phone number, complete personal information, review loan details, submit their application, await approval, and receive funds in their linked account (mobile wallet, e-wallet, etc.).

Privacy and Security:

All transactions utilize 256-bit SSL encryption for protection. Collected data is transmitted over secure connections to our server (https://frontend.halocashfinance.com). HaloCash prioritizes safety and security and does not share customer information with third parties without consent.

Contact Information:

• Email: [email protected]
• Address: Pwani, Kibaha CBD, Mailimoja, 61102, Tanzania