Code of Practice
Being strapped for cash is
frustrating enough as is, without all of the paperwork and queuing usually associated
with lending money. Fortunately here at Mulah we believe that taking a loan should be a
simple, easy to understand process. We will provide you with all of the relevant
information that you could need in order to make a responsible, informed decision
regarding taking a loan. We believe in full transparency and there are no hidden costs
or clauses within our loan agreements. The only surprise you can expect from a Mulah
loan is the speed at which it can be approved. Surprise!
We'll bend over backward to get
your personal loan
approved and you have the freedom to choose the exact amount of money you would like to
borrow. Our online loan calculator will help you to determine what amount you can afford
as well as set up a convenient date for when the loan repayment can take place. You have
the freedom to change your loan, top it up or take out a new loan all together. Our
loans are more flexible than Russian gymnasts.
As a responsible micro lender,
everything we do is based around being transparent. All of the information that we
provide to our customers is compliant with all relevant legislation and is by no means
misleading. All key contract terms and conditions are clearly disclosed in an
easy-to-understand manner. We like to keep things fair and straightforward.
We never pressurize clients
into signing up for our service or into a credit agreement. We take every step to ensure
that clients are well informed of our loan process, allowing them to make informed and
responsible borrowing decisions.
Mulah makes every effort to
assess applicant's financials in order to provide them with a loan that they will not
struggle to repay. These assessments are made through information obtained from credit
files regarding previous loans and borrowing habits, signs of financial difficulty and
existing or future financial commitments. We wont change our interest rate over the life
of the agreement but if a clients financial situation changes it is best that they
notify us immediately.
We also believe that financial responsibility is shared.
Applying for any form of credit requires careful consideration. We rely on clients to
make sensible borrowing decisions. You should only decide on whether to apply or not, if
you're confident that you can comfortably meet the minimum monthly repayments and have a
plan of how to repay the capital borrowed, sooner rather than later.