MoneyThunder: Legal lending

Bring new experience of financial services to everyone! MoneyThunder, legal digital lending mobile app, powered by SCB Abacus under Siam Commercial Bank's subsidiaries and supervised by Bank of Thailand.

Why MoneyThunder?
- Legal mobile app
- Supervised by Bank of Thailand with data privacy and strong security
- Quick cash solution with 15-min loan decision and 24H time-to-money
- Easy to apply with ID card and  bank statements
- No processing fee / prepayment fee / hidden fee. No collateral / gaurantor required.
- THB 50,000 max credit line with tenor of 12-15 months
- Stress-free with legal and fair interest rate 2.75% per month (or 33% per year)

MoneyThunder loan product offerings:

1. Tung Luck cash loan (Nano finance)
- Credit limit: THB 50,000
- APR: 33%
- Tenor: Min 15 months - Max 15 months
- No prepayment fee
- No front-end fee
- No duty stamp fee

2. PayThunder buy now pay later (Personal loan)
- Credit limit: THB 40,000
- APR: 25%
- Tenor: Minimum 12 months - Maximum 12 months
- No prepayment fee
- No front-end fee
- No duty stamp fee

Example of Loan calculation for Tung Luck:

On 8 Aug 2021, customer signs loan contract with MoneyThunder
- Credit limit THB 10,000
- Money transfered to your bank account THB 10,000
- No Fee
- APR 33%
- Tenor=15 months
- Installment amount THB 816 per month
- Due date every 28th

- 28Aug2021 pay THB 816.0 with the principal=THB 635.2, accrued 20-day interest=10,000.00*33%*20/365=THB 180.8. The remaining principal=THB 9364.82
- 28Sep2021 pay THB 816.0 with the principal=THB 553.5, accrued 31-day interest=9,364.82*33%*31/365=THB 262.5. The remaining principal=THB 8811.29
- 28Oct2021 pay THB 816.0 with the principal=THB 577.0, accrued 30-day interest=8,811.29*33%*30/365=THB 239.0. The remaining principal=THB 8234.28
- 28Nov2021 pay THB 816.0 with the principal=THB 585.2, accrued 31-day interest=8,234.28*33%*31/365=THB 230.8. The remaining principal=THB 7649.07
- 28Dec2021 pay THB 816.0 with the principal=THB 608.5, accrued 30-day interest=7,649.07*33%*30/365=THB 207.5. The remaining principal=THB 7040.54
- 28Jan2022 pay THB 816.0 with the principal=THB 618.7, accrued 31-day interest=7,040.54*33%*31/365=THB 197.3. The remaining principal=THB 6421.87
- 28Feb2022 pay THB 816.0 with the principal=THB 636.0, accrued 31-day interest=6,421.87*33%*31/365=THB 180.0. The remaining principal=THB 5785.85
- 28Mar2022 pay THB 816.0 with the principal=THB 669.5, accrued 28-day interest=5,785.85*33%*28/365=THB 146.5. The remaining principal=THB 5116.32
- 28Apr2022 pay THB 816.0 with the principal=THB 672.6, accrued 31-day interest=5,116.32*33%*31/365=THB 143.4. The remaining principal=THB 4443.72
- 28May2022 pay THB 816.0 with the principal=THB 695.5, accrued 30-day interest=4,443.72*33%*30/365=THB 120.5. The remaining principal=THB 3748.25
- 28Jun2022 pay THB 816.0 with the principal=THB 710.9, accrued 31-day interest=3,748.25*33%*31/365=THB 105.1. The remaining principal=THB 3037.30
- 28Jul2022 pay THB 816.0 with the principal=THB 733.6, accrued 30-day interest=3,037.30*33%*30/365=THB 82.4. The remaining principal=THB 2303.68
- 28Aug2022 pay THB 816.0 with the principal=THB 751.4, accrued 31-day interest=2,303.68*33%*31/365=THB 64.6. The remaining principal=THB 1552.25
- 28Sep2022 THB 816.0 with the principal=THB 772.5, accrued 31-day interest=1,552.25*33%*31/365=THB 43.5. The remaining principal=THB 779.76
- 28Oct2022 pay THB 800.9 with the principal=THB 779.8, accrued 30-day interest=779.76*33%*30/365=THB 21.1. The remaining principal=THB 0.00

Total payment=THB 12,224.91 with the total interest (calculated at 33% APR)=THB 2,224.91 from the principal of THB 10,000

* The calculation for illustrative purposes only and subject to change without notice.

For more information, please visit
Website : https://www.money-thunder.com
Facebook: https://www.facebook.com/MoneyThunderTH
LINE : @moneythunder or click http://nav.cx/9f2NKwg