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How to add your Loan as Guarantor on Moorr

  1. Head to the Financial Dashboard section on your Moorr app and click to add a Borrowing. Click here to find out how to do that.
  2. Select Loan as Guarantor on the options provided.
  3. Enter the name of this loan.
  4. Select the owner of this loan.
  5. Enter all the important details of this debt, especially the outstanding balance, the purpose, the loan type as well and the provider of the loan.
  6. Enter the interest rate, the repayment amount, the frequency of the repayment, the payment account it’s coming from as well as the ongoing costs applicable.
  7. Since this is a Loan as a Guarantor, make sure to leave notes on the box provided at the bottom of the page. Once you’re done, click save.

 

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