Crazy Coin: A User-Friendly Loan Application
Crazy Coin is a free loan application available on the Android platform, developed by ixwcerne. The app falls under the category of Business & Productivity, with a subcategory of Finance. Crazy Coin offers loans ranging from $500 to $20,000 pesos, with a minimum repayment period of 91 days and a maximum repayment period of 365 days. The interest rate on the loans can go up to 0.09% per day, with a minimum annual interest rate of 12% and a maximum of 36%.
The application is user-friendly and easy to navigate. To apply for a loan, users can download the app and fill out a short application. The identity of the user is verified through a secure system, after which the loan amount is directly deposited into the user’s bank account. Users without a bank account can open one at Banco Azteca or OXXO Saldazo. A due date is mentioned, and users can pay through the app or online via the bank (SPEI) or by using the reference number at the nearest OXXO.