M Credit

Solomon Investments NBFC LLC's M Credit app is an application that has been providing electronic loan services continuously since 2023. It saves borrowers' time and opportunity to obtain a loan by concluding a loan agreement remotely and establishing their loan rights, providing easy and fast loan services. In order to reach our customers closer, we are also open to the jurisdiction of 21 provinces of Mongolia. We have introduced the ISO 27001:2022 international standard to ensure the security of our customers' information.

M Credit app loan products:

1. E-loan
- Cash e-loan up to 3,000,000₮
- Flexible terms to extend your e-loan up to 6 times
- You can deduct the amount you want from the total loan amount before the loan period expires

2. Purchase loan
- No down payment
- No interest
- No fees
- You can pay in up to 4 installments
- You can extend your payment up to 3 times

Advantages of Mcredit app:
- You can conclude a loan agreement online anytime, anywhere
- Open to 21 provinces across Mongolia
- E-loan and purchase loans in one place
- Easy and fast loan transactions
- You can repay your loan in the amount you want before the loan period expires
- You can collect bonus points every time you close your loan on time, and use bonus points to reduce the interest rate and increase your credit rights
- Flexible terms to extend your loan

Loan terms:
- Loan Amount: 50,000 MNT – 3,000,000 MNT
- Loan repayment: Your choice, up to 3, 6, 9, 12 months /depending on the loan amount/
- APR: 0% - 36%

For example:
- Loan amount: 500,000 MNT
- Service fee: 0 ₮
- Loan repayment: 3 months
- APR: 36%
- Monthly payment: 176,765.18
- Interest: 30,295.54
- Total payment: 530,295.54

Your financial choice Mcredit

Contact: 72002060
E-mail: support@mcredit.mn