Movinero

Movinero

About this app

Movinero offers you a revolving line of credit, up to 1,000 Euros, from which you can withdraw money whenever you need it and return it in a flexible way. If you return it before, you will not have to pay cancellation interest and the total amount of your credit will be available again. Once returned to your account, you once again have the initial amount granted for when you need it. Your Movinero credit line has a duration of 1 year, but the loan expiration date is monthly. The loan has a maximum APR of 4114%
Advantages
· Fast and Easy: you receive the money in 15 minutes after approval.
· Fixed interest rate.
· 100% online application, without paperwork or guarantees.
· Withdrawals of money instantly completely free of charge, without commissions.
· Transparent: you only pay interest for the amount of money and for the time you use it.
· Flexible: return it whenever you want before the due date and the total amount of your credit will be available again for another occasion.
Example:
In the case of a loan of €500, the APR is 4114%, the interest is €1,715.33 and the total amount to be paid is €2215.
In this example, the APR and the total amount to be paid were calculated assuming that the amount of the approved loan was withdrawn in full at the time of approval and that its return will be made in 12 monthly installments of €184.61 each.