RocketMoney - Instant Loan 1.1.2

RocketMoney is a digital money lending platform in Zambia that offers users a streamlined approach to accessing personal loans. The service is designed to provide quick access to cash, with funds deposited directly into your mobile money account.

The platform utilizes advanced big data risk control technology for credit scoring assessments, thereby enhancing user privacy while delivering reliable online smart credit loan services. Importantly, RocketMoney operates through secure platforms, ensuring that personal data—such as your contacts list and photo gallery—remains inaccessible to the service.

Advantages of Utilizing RocketMoney:

• Instant access to personal loans of up to 20,000 Kwacha.
• Options for online loan extensions that allow for flexible repayment schedules.
• Competitive interest rates that simplify the borrowing process.

Loan Application Process:

1. Download the RocketMoney app.
2. Complete a simple registration process.
3. Access transparent and swift loan options for greater financial freedom.

Product Details:

• Loan Amount: From K100 to K20,000
• Loan Term: 91-180 days
• Interest Rate: Not exceeding 0.1% per day
• Service Fee Rate: Not exceeding 0.3% per day
• Annual Percentage Rate (APR): Not exceeding 146% per year (with a daily markup limit of 0.4%)

Example Interest Rates:

If you borrow K1,000 over a term of 91 days, the costs would be calculated as follows:

• Total Interest Payable: K1,000 * 0.1% * 91 = K91
• Total Service Fee Payable: K1,000 * 0.3% * 91 = K273
• Total Repayment Amount: K1,000 + K91 + K273 = K1,364

User Eligibility Criteria:

• A legal citizen of Zambia.
• Aged 18 years or older.
• A verified monthly income.

Information Security:

Your information will only be utilized to verify your loan application and for communication regarding repayment. RocketMoney guarantees that no data will be shared with third parties without your explicit consent, ensuring complete data security.

Contact Information for Inquiries:

• Email: [email protected]
• Address: 5TH FLOOR ROOM 502 -505 DEVELOPMENT HOUSE, LUSAKA., LUSAKA PROVINCE, ZAMBIA

Please visit the following link for further details on RocketMoney’s privacy policy:

Privacy Policy