PonyCash 1.0.3

PonyCash is an online loan application based in Nigeria, designed to provide users with access to financial services. The platform offers a streamlined process for obtaining cash loans with flexible repayment terms, catering to a variety of financial needs.

Product Description:

• Loan Amount: NGN 2,000 - NGN 800,000
• Loan Term: 91 days - 365 days
• Interest Rate (APR): 17% to 34% per annum

Example Calculation:

For a loan of NGN 10,000 over a term of 180 days at an annual interest rate of 24% (APR):

• Total Interest: NGN10,000 * 24% * 180/360 = NGN1,200
• Term: 180 days
• Total Payment Amount: NGN10,000 + NGN1,200 = NGN11,200

Eligibility Criteria:

1. Citizens of Nigeria.
2. Aged between 18 and 60 years.
3. Must be employed or self-employed with a regular source of income.

Customer Support:

Email: support@ponycashloan.com