Soft Loans

Soft Loans makes it easy to apply for a little cash loan, no matter your needs. Our platform is designed to provide you with a fast, secure, and convenient borrowing experience.

Key Features of Soft Loans

Loan Amounts: Borrow between USD 500 and USD 2000.

Repayment Period: Minimum repayment period is 65 days, while the maximum is 120 days.

Annual Percentage Rate (APR): Maximum APR of 24% per year.

Tenure: Ranging from 91 to 365 days.

Our Loan Request Features

Easy Application Process: Complete your loan application in less than 5 minutes.

Quick Approval: Fast and easy approval process to get your loan swiftly.

Paperless Process: Apply directly from your mobile phone without any paperwork.

No Credit History Required: Ideal for borrowers without a credit history.

Fast Credit Limit Growth: Increase your credit limit every time you repay on time.

How It Works

Easy Sign-Up:

Download the app and create a profile within minutes.

Request a Loan:

Choose the desired cash amount and the duration you want to borrow.

Loan Repayment Calculator:

Check the interest rate of the borrowed amount. No additional fees are charged.

Receive Money:

Once your loan is confirmed, the money is transferred directly to your line of credit swiftly.

Repayment:

Make full repayments or spread them out over up to 12 months.

Remember, the more you repay on time, the more you can borrow in the future.

Who Can Apply?

Eligibility: Any person over 18 years old with a valid ID and a mobile number.

Requirements: Must have the ability to repay the loan.

Example Loan Calculations

Example 1:

Loan Amount: USD 500

Interest Rate: 24% per year

Total Amount Payable: USD 620 after the loan term

Example 2:

Loan Amount: 1000 Emirati Dirham (AED)

Repayment Period: 6 months

Interest Rate: APR 24% p.a. (fixed)

Total Amount Payable: AED 1240

Our Promise of Safety and Security

We take your privacy very seriously and ensure that your personal information is protected. We will never share your information without your explicit permission. When you download the app, we ask for permissions to use your phone's data such as SMS history to verify your identity and create a credit score. This information is used strictly for this purpose.

Soft Loans is here to provide you with quick and easy access to funds when you need them most. Download the app today and experience the convenience of borrowing money with Soft Loans. We’ve got you covered!