Morloan

Morloan is a local company in Colombia that offers loan services exclusively to users in the Colombian region.

Loan Information:
Loan Amount: from COP $100,000 to COP $2,000,000
Loan Period: from 91 days to 365 days
Interest Rate: 0.063% per day
Annual Percentage Rate (APR): not exceeding 23%

Sample Loan Calculation:
For a 180-day loan term with COP 1,000,000:
Daily interest rate: 23% / 365 = 0.063%
Daily interest to be paid: 1,000,000 * 0.063% = COP 630
Total interest: 1,000,000 * 0.063% * 180 = COP 113,400
Total payment amount after loan maturity: 1,000,000 + 113,400 = COP 1,113,400

Applicable terms and conditions of the Presta Fácil platform:
1. Applicants must be Colombian citizens.
2. Minimum required age: 18-60 years.
3. Applicants must be employed individuals, pensioners, or self-employed workers.

Privacy:
We are a company committed to the privacy and security of our clients. Therefore, we take measures to protect their personal data using advanced and secure banking-level technology.
When you download Morloan, we will request permission to access your phone information to verify your identity and determine if you are eligible for one of our services.
We never share or disclose our clients' data to third parties without their consent, and only do so when necessary to provide our services or for legal reasons. Our Privacy Policy is available on our official website, detailing all the measures and resources we employ to ensure the privacy of our clients.
If you have any questions or concerns regarding our Privacy Policy, feel free to contact us via email. We will be happy to assist you at all times and do everything possible to protect and safeguard your personal data from any form of threat.
URL of our privacy policy: https://www.morloan.co/h5/privacyAgreemant.html

Contact Us:
Email: [email protected]
Working Hours: Monday to Friday 8:00-17:00, Saturday to Sunday 8:00-14:00
Address: Carrera 47 93 20 Bogotá, Bogotá, Cundinamarca, Colombia