- You must be working for a Participating Employer
- In employment with the PE for minimum of 12 months
- Permanent employment contract.
- Have a Bank account
- Salary must be paid into bank account
- Must provide payslips to validate take home pay
TrusMoni salary advances start from as little as Le 300,000.00.
Our rates range from as low as 2.5% per month. Your representative will advise you what rate applies to your employer.
3 months, 6 months, or 9 months.
We believe in responsible lending and want to make sure that your monthly payments are no more than 40% of your take-home salary. Your representative will always confirm if the amount you have requested exceeds the limit we can give you, and obtain your consent prior to processing the application.
Unlike banks and other lenders, we aim to process loan applications and disburse within 72 hours.
Our loans are designed to supplement your income and give you the ability to meet your urgent financial obligations. We are not a bank and cannot lend for longer than 9 months.
By co-signing for a loan, a guarantor is agreeing to assume responsibility for the loan in case of a default. We may allow a guarantor to also borrow if their monthly income and severance entitlement is enough to service both loans. If the guarantor’s pay is not sufficient, we cannot allow a guarantor to borrow at the same time, the borrower you sign for has to finish paying the loan first.
We want to be able to verify guarantors’ place of work and also have the ability to request payroll deduction in case of a default.
Yes. There will be an exit fee which is a % of the outstanding interest.
Yes, you can request for a top-up as long as your repayments have been timely. The amount given will still fall within our 40% affordability ratio.