Simpl is an Android application that helps users to purchase various products and pay for them later. The service does not charge interest rates on bought items, it is possible to cover the costs in monthly installments.
How it works
Users have an option to apply for loans up to 25 000 rupees to shop at various merchants in India. It is possible to purchase goods now and pay later. This convenient way allows individuals to get what they need at the moment and repay the amount in several installments without worrying about immediate and large payments.
As mentioned before, there is no interest rate included in loan plans. Just like in PAYLATER, here you only have to repay what you borrowed from the service without additional fees. The amount Simpl may provide depends on several factors such as your salary and credit score. Moreover, the faster you pay for bills, the more money you are able to request for your next purchases.
Offers
What makes Simpl even more convenient is that the application cooperates with well-known Indian merchants. This means you can receive special offers and notable discounts when shopping both online and offline. It is possible to browse a list of retail stores to view weekly and monthly deals.
Features
- offers loans for purchasing products now and pay for them later;
- possible to pay for bills in several installments;
- available only for citizens of India;
- free to download and use;
- compatible with supported Android versions.
