Simple.mn

Simple App offers financial convenience for customers, saving time, money, and energy through innovative technology and intelligent solutions. It provides seamless access to digital loans and "Buy Now, Pay Later" services, delivering a smarter way to manage financial needs. Founded in 2019, the company obtained its non-banking financial service license from the Financial Regulatory Commission of Mongolia in February 2020. With a user-friendly design and a commitment to transparency, Simple offers loans with straightforward terms, no disbursement fees, and zero hidden charges.

Simple application offers the following services in accordance with Mongolian laws and regulations:

Digital loan

BNPL

Collateral loan

Loan Details:

Loan Amount Range: 50,000mnt - 30,000,000mnt

Repayment Periods: Minimum of 3 months, maximum of 40 months

Annual Percentage Rate (APR): 27.6% to 39.6%

Representative Example of Loan:

If you borrow 1,000,000₮ for 12 months at an APR of 27.6%:

Monthly Payment: 96,310.39mnt

Total Payment Amount: 1,155,724mnt

Total Cost of the Loan: 155,724mnt

Key Features:

Instant loan approval

Flexible repayment schedules

Clear and upfront loan terms

Secure and easy application process

We are committed to responsible lending. Review our loan terms carefully to ensure they meet your financial needs. For any questions, contact us directly through the app or at [info@simple.mn].