You should start by simulating the desired value in your moey! app going to |More| > |Personal Loan|.
You will need to insert:
- the desired amount
- the intended term for the payment of the Loan.
Next, check if the monthly installment you will have to pay, which results from the chosen amount and the loan term and the applicable fixed interest rate, is in line with your financial possibilities.
If the installment doesn’t fit your possibilities, you can do a new simulation, reducing the Loan amount or increasing the term.
After the simulation, if you want to proceed to apply for your moey! Personal Loan you must select “This is it!” and follow the steps to continue the process.
The personal loan hiring depends on the elegibility conditions: You must have less than 68 years, portuguese nationality (citizen card) and you need to have a moey! account for more than 2 months.