Say goodbye to informal loan apps that charge illegal interest and unfair debt collection. Come to Phoenix app for a new experience. (FINNIX) provides legal online credit services that have been officially licensed by the Bank of Thailand. Developed by Mannix Company Limited, a subsidiary of Siam Commercial Bank, its mission is to help Thai people not get stuck in the debt system.
Use Phoenix application to complete 5 things (approval conditions according to company regulations):
1. Very satisfied - received full credit, no chargebacks, no deposit, no hidden fees.
2. Fast – get money quickly, with credit line approved in 5 minutes, without going to a branch.
3. Convenient - Apply for a loan through the app anytime, anywhere. No personnel or collateral required.
4. Enjoy - the maximum annual interest rate does not exceed 33%. The interest rate is calculated based on the amount of funds withdrawn, which reduces the principal and interest.
5. Do as you wish - Choose from 2 repayment options, and the principal has been paid off. Immediately restore your credit line, including:
– Option 1: Choose to pay as you wish. Pay down the principal as much as you can.
– Type 2: You can choose to pay the minimum amount of just interest. Don’t be afraid of losing your credit.
The Thai micro-loan system is quite comprehensive and has no problems in operation. It supports opening other languages.
