1月24日的Amico应用程序分析

Lending to your family and friends with confidence. The Amico app creates legally binding loan agreements in minutes, ensuring transparency and accuracy to avoid misunderstandings. Its user-friendly approach makes it easy to manage your loans, and the advanced encryption keeps your personal and loan information private. Join Amico users who are saving money by cutting out the middleman between borrower and lender. It’s the smart way to set up and manage person-to-person loans. ----- Loan Terms and Cost Disclosure Amico enables users to create person-to-person loan agreements with customizable terms. Loan agreements created through the app may include an APR of up to 15%, with repayment periods **ranging from more than 60 days up to 30 years**, depending on the agreement between the parties. Representative Loan Example: • Repayment period: 12 months • APR: 15% • Amico Fee: $15 • Repayment frequency: Monthly If you borrow $1,000 for 12 months at a 15% APR with a $15 fee and make monthly repayments, your monthly payment will be approximately $90.26. Over the 12-month term, you will pay $83.10 in interest and $15 in fees. Total cost of the loan: $98.10 (interest + fee) Total amount payable: $1,098.10