AFS MyAccess Jamaica

MyAccess Mobile – is a mobile application from Access Financial Services Limited, Jamaica, that allows you to apply for your Personal and Business loans easily and conveniently. Our Personal Loans help you to with debt consolidation, bill payment, education tuition, medical expenses, and other personal needs. Our Business Loans help you to purchase inventory, business expansion among other business-related needs. You can also manage and review your payment details and check balances at any time, 24/7, 365 days a year.

With this application, you may schedule loan appointments, view, and manage your billing cycles and perform other operations directly from your mobile phone. Both existing and new customers may take advantage of the broad range of functionality that MyAccess offers. You can get started by simply installing the mobile app.

We provide personal loans from J$10,000.00 to J$3,000,000.00 and micro business loans from J$10,000.00 to J$1,500,000.00. The range for the Annual Percentage Rate (APR) is 20% - 66% (interest rates are subject to change based on market conditions). As required by our regulator, the Bank of Jamaica, we also disclose the Effective Annual Interest Rate (EAIR). Loans are given for a minimum duration of 3 months to a maximum duration of 84 months.

For example, a personal loan of J$1,000,000.00 with an Annual Percentage Rate (APR) of 26.18% and an 84-month tenure, would result in a monthly instalment of J$ 26,071.00 and the total amount payable including interest, fees, charges, and government taxes (which may apply) would be J$2,190,000. The Effective Annual Interest Rate (EAIR) would be 27.82%.

LOAN BREAK DOWN
- Loan Type: personal loan
- Amount Borrowed: J$1,000,000.00
- Annual Percentage Rate (APR): 26.18%
- Tenure: 84-month (7 years)
- Monthly instalment: J$ 26,071.00
- Total amount payable: J$2,190,000.
- The Effective Annual Interest Rate (EAIR): 27.82%.

Key features of MyAccess application:
INFORMATION ABOUT THE CLIENT'S PRODUCTS:
- Payment Schedule;
- Update payment methods;
- Personal & Business Loans.

OPERATIONS:
- View loan status;
- Loan Calculator;
- Loan repayment.

DETAILS OF THE TRANSACTION:
- Statements of account;
- Transaction History;
- Information on the status of transactions made in MyAccess.

ADDITIONAL FEATURES:
- Appointment Scheduling;
- Disbursement deposit directly to your bank account.