True iLoan vs Aella MFB

How can you find your best loan? This can be done by comparing your loan with the best in the market. Data is read from Finansportalen.no, which holds an overview of the best suppliers of loan in the Norwegian market. Find your total debt and sum cost for it per month. Loans are visualized graphically as well as a payment plan. Marked overview of the 50 best suppliers of loan in the market. It calculates the true rate both for serial and amortized loans, all the costs are included in the calculations. Loan for housing, car, flat all kind of loans are supported. The financial institution can be contacted to get a new improved offer. One loan can be saved, all calculations are saved for later reference. Changes on all loan details are available: rate, amount, start cost, term cost and length. Easy to use: - Very easy to use modern design - built in information text makes the banking language easier to understand - All formatting according to your language selection Data read from updated market: - Read updated ratings of best supplier from Fiansportalen.no ( Norwegian market) - Compare your loan with best in the market ( bar graph) - Contain always overview of the 50 best loan suppliers in the market - Can send your payment plan to your bank for receiving a competitive offer Calculations and details: - Choose between different color themes on the user interface(dark or light) - Can add a image of your loan item ( car, boat, cottage e.g) - Calculates true rate - the only way to compare loans - Gives overview of all your loan details - Can add payment free period - Can add extra payment and you can calculate your reduction in total cost - Can create payment schedule for the loan - Can use different payment terms - monthly, quarterly and yearly - Can add cost per payment term - Gives you overview of all cost split into downpayment, rates and other cost - Simulates different loans and payment on the fly by changing cost, rate, duration - Updates the loan details from the calculator without leaving the calculator - Support serial loan and amortizing loans - Save all your loans - Take care of all your calculations - share images by Facebook messenger or via other social networks Debt: - Overview of your total debt - Cost per month for your total debt

Aella MFB takes the hassle out of Finance - whether you are a business or an individual, we put control back in your hands with simple, straightforward products. Our "true north" is designed to help customers build financial independence by building simple products; loans, investments, bill payments, micro-insurance plans, and peer-to-peer money transfers. Why Aella MFB? We exist to simplify and open up financial access for all in emerging markets - by leveraging technology and widespread mobile adoption, we build products to make an impact at the frontier of Financial Inclusion. Our app has a feature for verifying addresses, which requires the ability to monitor regions and receive location updates in the background. This feature is essential for accurately verifying a user's address and providing access to higher loan limits and tier 3 level transaction limits. We have created a video showcasing this feature, which we have attached for your reference. You can see in the video how the app monitors a user's location and registers a region around their address. Once the user has visited the region a certain number of times, the address is verified. We understand that enabling the "Location" background mode can have an impact on battery life, and we have taken steps to minimize this impact. For example, we only monitor regions that are explicitly registered by the user and don't monitor location updates when the user is outside registered region. We believe that our use of the "Location" background mode is essential for the core functionality of our app and we have demonstrated this in the video.