Wind money-credit loan

Wind Money-Credit Loan offers users access to high-limit, fast, safe, and convenient loan services in Uganda, catering to a variety of financial needs. Below are the key details about this loan service:

Loan Details:

• Loan Amount: From 300,000 UGX to 3,000,000 UGX
• Loan Term: Ranges from 120 to 360 days
• Interest Rate:
  • Monthly interest rate: 1.08% to 3%
  • Annual interest rate: 13% to 36%
  • Maximum annualized interest rate: 36%

Example Calculation:

For instance, if you apply for a loan of 1,000,000 UGX at an annual interest rate of 22.4% for a loan period of 180 days, here's how it works:

• Principal Amount: 1,000,000 UGX
• Interest Calculation:
  • 1,000,000×22.4%/360×180=112,000 UGX1,000,000 \times 22.4\% / 360 \times 180 = 112,000 \text{ UGX}1,000,000×22.4%/360×180=112,000 UGX
• Total Interest: 112,000 UGX
• Total Payment:
  • 1,000,000+112,000=1,112,000 UGX1,000,000 + 112,000 = 1,112,000 \text{ UGX}1,000,000+112,000=1,112,000 UGX Thus, you’ll need to repay 1,112,000 UGX at the end of the loan period.

Eligibility Criteria:

To apply for a Wind Money-Credit Loan, you must meet the following requirements:

1. Be a legal resident of Uganda.
2. Be between 20 and 65 years of age.
3. Have a fixed income.
4. Possess a valid Ugandan ID.

How to Apply for a Loan:

1. Download the Wind Money-Credit Loan app and register for an account.
2. Fill in your basic information and submit it for review.
3. Apply for a loan online and wait for approval.
4. Once approved, the loan amount will be deposited directly into your personal account.

Loan Fees:

The total fee for a loan is determined based on the interest rate and loan term. For example:

• Loan principal: 1,000,000 UGX
• Interest rate: 22.4% annualized
• Loan term: 180 days
• Interest: 112,000 UGX
• Total repayment amount: 1,112,000 UGX

Security and Privacy:

Wind Money-Credit Loan utilizes world-class data security and encryption technology to ensure that your personal information is kept safe. Your data will not be shared with any third party without your explicit consent.

Important Tips:

• The exact loan amount, loan period, and applicable interest rates will be determined after a thorough review.
• Borrow responsibly according to your financial needs to avoid overdue payments and penalties.

Contact Information:

For feedback, questions, or concerns, feel free to reach out via:

• Email: WindmoneyUgandaservice@outlook.com
• Address: SFSD+269 Bugonga Rd, Entebbe, Uganda

This service is designed to provide reliable financial assistance while maintaining transparency and convenience for all users in Uganda.