MoneyThunder: Legal lending 5.8.0

New! MoneyThunder is a legal digital lending mobile app, powered by ABACUS digital under SCBx subsidiaries and supervised by the Bank of Thailand.

Why choose MoneyThunder?

• It is a legal mobile app under the supervision of the Bank of Thailand, ensuring high data privacy and security governed by the Personal Data Protection Act (PDPA).
• It offers quick cash solutions with instant loan decisions and a 10-minute time-to-money.
• Applying for a loan is easy with just your ID card, and the service is available 24/7.

MoneyThunder offers two personalized loan types. Both loans require no collateral/guarantor, deposit fee, pre-loan transfer fee, withdrawal fee, or prepayment fee.

1. Personal Loan:

• Credit limit: THB1,000,000
• Monthly interest rate: 0.83% - 2.08% (9.99% - 25% APR)

2. Nano Finance Loan:

• Credit limit: THB100,000
• Monthly interest rate: 0.83% - 2.75% (9.99% - 33% APR)

MoneyThunder offers two types of loan products:

1. Revolving credit - Unlimited withdrawal with minimum payment of THB200 (calculated from 2% of principal + interest).
2. Term loan - Installment payment plan with a minimum tenor of 12 months and a maximum tenor of 60 months.

Here's an example of installment (principal + interest) calculation for MoneyThunder's Nano Finance loan:

• Credit limit: THB10,000
• Money transferred to your bank account: THB10,000
• APR: 33%
• Tenor: 12 months
• Due date: Every 28th of the month

Based on this example:

• On January 28th, 2022, you need to pay THB987.00. The principle is THB742.89, and the accrued 28-day interest is THB244.11. The remaining principal is THB9257.11.
• On February 28th, 2022, you need to pay THB987.00. The principle is THB727.55, and the accrued 31-day interest is THB259.45. The remaining principal is THB8529.56.
• And so on for the following months.

The total payment for this loan example is THB11,830.32, with a total interest (calculated at 33% APR) of THB1,830.32 from the principal of THB10,000.

Please note that this calculation is for illustrative purposes only and may be subject to change without notice.

For more information, please visit:

• Website: https://www.money-thunder.com/
• Facebook: https://www.facebook.com/MoneyThunderOfficial
• LINE: @MoneyThunder or click here

ABACUS digital Co., Ltd.

SCB Park Plaza, 19 Tower 3, Ratchadapisek Rd., Jatujak, Bangkok, 10900