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How to add “Other” loan on Moorr

Note: “Other” loan refers to a loan you may have that is not included on the pre-set loans. “Other” loans may be phone instalments, motorcycle instalments, appliance instalments or loans from a friend or a relative.

  1. Head to the Financial Dashboard section on the Moorr app and click to add a Borrowing. Click here to find out how to do that.
  2. Select Other 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 loan 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. You may leave a note for this loan if you have to on the bottom of the page. Once you’re done, click save.

 

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