Reviews: 2
SOSO - Online loans in Sri Lanka 0,01%
Loan Amount
Loan Period
Need a money loan? Discover top online lending companies in Sri Lanka on Soso.lk, providing attractive loan terms for both first-time and returning clients.
About
Soso is a dynamic online lending service in Sri Lanka, providing dependable financial support for those unexpected moments when you find yourself in need. The loan application process is designed to be fast and straightforward, enabling customers to apply online from the comfort of their own home.
Soso tailors unique solutions to perfectly fit the individual circumstances of each client. The service offers loans ranging from Rs.5,000 to Rs.200,000 with flexible repayment terms up to 30 days. With clear terms, no hidden fees, and 24/7 online access from any device, Soso ensures the loan process is simple and secure.
Additionally, Soso is committed to helping customers manage their finances more effectively by offering valuable tips and advice on budget planning. This extra support helps borrowers not only to address their immediate financial issues but also to improve their financial standing in the long run. Thus, Soso stands out not just as a microloan service but as a reliable partner in personal finance management.
Soso - Terms and Conditions
| ✔️ Loan Amount: | from 5 000 to Rs.200 000 |
| ✔️ Loan Type: | online loan to bank account |
| ✔️ Loan Period: | 1-180 days |
| ✔️ Collateral or Guarantor: | not needed |
| ✔️ Citizen: | Sri Lankan |
| ✔️ Age of borrower: | 21-70 years old |
| ✔️ Employment: | yes |
| ✔️ Loan Extension: | yes |
| ✔️ You can get a loan if: | valid NIC, mobile phone number is not blocked and email |
An Example of the Interest Rate Calculation:
| Loan amount: | Rs.50,000 |
| Loan period: | 180 days |
| Consulting fee: | Rs.0 |
| Service fee: | Rs.0 |
| Interest rate (18%/year): | Rs.3,688 |
| Total payment: | Rs.53,688 |
Consequences of late/non-payment of a loan
The Borrower agrees to cover any delay penalties in case payments are not received punctually. These penalties can either be a fixed amount or calculated as a percentage of the outstanding debt. In addition to this, if payments are overdue, further interest may be levied on the owed amount, thereby increasing the total debt. Missed payments can have adverse consequences on the borrower's credit history and potentially lead to a reduction in their credit score. The Company reserves the right to take collection actions to retrieve the debt, which may involve reaching out to the borrower and transferring the debt to third-party collection agencies if necessary. read more
Soso: Contacts
| website: | soso.lk |
| e-mail: | This email address is being protected from spambots. You need JavaScript enabled to view it. |
| phone: | not listed |
| applications accepted: | 24/7 |
| contact center: | 8:00am-8:00pm, Monday-Friday |
| address: | 00200, Colombo 04, Sri Lanka, WV73+5X |
Soso: Advantages of Lending
Why choose Soso? Discover what sets Soso apart from the competition:
- revolving loan: yes
- additional payment/fee for revolving loan: none
- terms of the renewed loan: full repayment of the previous loan
- Streamlined Application Process: Applying online with Soso is effortless and efficient, ensuring you quickly know where you stand with your loan application.
- Adaptable Financing Options: Soso offers a diverse selection of loan sizes and payment schedules to accommodate your unique financial situation.
- Transparent Pricing: With Soso, you can expect complete honesty about costs, with no hidden fees to surprise you later.
- Broad Approval Accessibility: Regardless of your credit history, Soso's inclusive approach increases your chances of loan approval.
- Privacy and Security Assured: Your personal and financial information is protected with Soso, giving you peace of mind during the loan process.
- Unmatched Customer Care: Soso prides itself on superior customer support, ready to assist with any queries or concerns you may have.
- Cutting-Edge Financial Products: Soso stays at the forefront of financial technology, offering innovative solutions tailored to evolving customer needs.
In conclusion, Soso stands out in the digital lending landscape by providing a comprehensive suite of benefits designed to meet the diverse financial needs of its clientele. Its commitment to a hassle-free application process, flexible financing solutions, upfront cost disclosures, stringent data protection, and unparalleled customer support ensures an efficient and satisfactory borrowing experience. Moreover, Soso's inclusive approach to loan approvals across various credit profiles, coupled with its dedication to introducing cutting-edge financial products, underscores its role as a reliable and forward-thinking partner for financial assistance. Adding to its appeal, Soso continuously seeks to enhance its services and adapt to the evolving financial landscape, aiming to exceed customer expectations and foster long-term financial well-being.
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