Money App, Square Inc.’s mobile re re re payment application, has launched a pilot system to supply short-term loans all the way to $200, TechCrunch reported.
“We are constantly testing features that are new money App, and recently started testing the capacity to borrow funds with about 1,000 customers,” a money App representative stated in a declaration. “We anticipate hearing their feedback and learning out of this test.”
Underneath the regards to the loans, which begin at $20, payment is born within a month. an one-week elegance duration happens to be added for users whom miss that deadline. Continue reading