Attention! Scorim does not operate as a loan provider. Rather, Scorim serves as a platform offering access to comparison tools to simplify your search for a licensed lender.
Should you need more information about our service, feel free to explore the Questions and Answers section or reach out to our Support team.
Scorim focuses on microloan selection for clients. It acts as a bridge connecting borrowers with licensed financial institutions. Scorim itself is not a bank, financial institution, or lender and does not assume responsibility for any loan agreements or their terms. All calculations are estimations. The final conditions can be checked on the respective lender's website. Before initiating a loan application, it's important to thoroughly understand the terms of service and complete your profile. The site utilizes cookies to optimize your experience, and you can manage cookie preferences in your browser settings. The service is available only to individuals aged 18 or over.
Loan repayment timeframe and interest rates The annual loan interest rate starts at 30%, capping at 365%. The loan term ranges from 91 days to 2 years.
Example of online loan computation
Assume you apply for a loan of 180,000 KZT at a daily interest rate of 0.99% for a 21-day period. By the loan’s due date, you’ll be charged an additional 37,338 KZT in interest, making your total repayment 217,338 KZT. The total interest rate for 21 days is 0.99% per day, which results in 20.79% over the loan term. This means (20.79% * 180,000 KZT) / 100 = 37,338 KZT in accumulated interest. Therefore, 180,000 KZT (loan amount) + 37,338 KZT (interest) = 217,338 KZT, which is due in 21 days. If a payment is delayed, a penalty fee of 0.10% daily will be applied, but it will not exceed 10% of the loan amount. In case of significantly overdue payments, your information may be reported to a credit bureau. However, a loan extension can be arranged if the lender is informed before the loan’s due date and if the interest for the original loan period is paid, with no extra charges for extensions.
Implications of Non-Payment
Should a loan or interest payment be delayed, the lender has the right to impose a late fee. This can occur when, for instance, a bank transfer takes longer than expected. However, prolonged non-response can result in an overdue fee typically amounting to 0.10% of the initial loan sum and about 0.03% of the consumer loans and credit card amounts. Non-compliance with loan terms can lead to your information being reported to a credit bureau, potentially damaging your credit history and score. The outstanding debt may also be turned over to a debt collection agency. If the loan amount is past due, an extension may not be granted. Timely loan repayments can enhance your credit history, boost your credit score, and improve your chances of obtaining better loan deals in the future.
