Flash Loan: A Fast and Secure Loan Application

Flash Loan is an Android-based loan application that offers a quick and easy way to apply for a loan. Developed by Songpon Tipsom, this free application falls under the Finance category. With Flash Loan, there are no queues, and no collateral is required. All the processes are done online, and automatic verification and validation are available. The application ensures data protection 24/7, providing the highest level of security and privacy for its users.

The target audience for Flash Loan is individuals who are at least 18 years old and need to borrow between 999 and 50,000 baht. The loan period ranges from 91 to 365 days, with an annual percentage rate (APR) between 12% and 30%. The application uses a simple interest formula: Interest = Loan Amount * Interest Ratedays) * Loan Period (days).

For example, if you borrow 10,000 baht for 120 days at an annual interest rate of 12%, the total interest charged would be 360 baht. The monthly payment would be 2,590 baht, and the total amount payable at the end of the loan period would be 10,360 baht.

Flash Loan is an excellent option for those who need a fast and secure loan application with a simple interest formula.