Aerocash

What is an AeroCash loan

AeroCash is an online card-lending service positioning itself as a “24/7” solution for urgent expenses: unexpected bills, appliance repairs, or bridging the gap to payday. The loan is issued with no collateral or guarantors, and the application is processed entirely remotely — from filling out the form to the funds landing on the card. The service also offers a mobile app for applying and managing the loan from a phone.

Cost of the loan

AeroCash's maximum loan amount is 8,600 UAH. First-time borrowers who repay their first payment on time get a discounted rate of 0.01% per day for the first billing period. After that, the standard rate is 0.93% per day, plus a one-time origination fee of 25% of the amount.

AeroCash's site provides official cost examples:

• Early repayment after 15 days: 10,762.90 UAH due (12.90 UAH interest + 2,150 UAH fee + 8,600 UAH principal), real annual rate — 34,587%.
• Repayment after 360 days under the loyalty program: total loan cost — 38,356 UAH, annual rate — 3,350.79%.
• Repayment after 360 days without meeting loyalty conditions: total cost rises to 39,542.80 UAH, annual rate — 5,560.49%.

As with most products in this segment, the advertised “from 0.01%” rate applies only to the first period, subject to timely repayment. Focus on the real annual rate from the examples above rather than the headline banner figure.

Terms and requirements

The maximum loan term is 360 days. Late payments incur a penalty of 40% of the overdue amount per day of delay — worth factoring into a repayment budget. The loan can be closed early with no restrictions, and this reduces the interest owed, since it's calculated for the actual period the funds were used rather than the full stated term upfront.

How to apply

Applications are handled online: choose an amount and term on the calculator, create a personal account, fill out the application, and link a bank card to receive the funds. The entire process — from application to decision — takes just a few minutes, with no branch visits or paper documents.

Pros and cons

AeroCash has clear strengths for short-term use, but also risks worth understanding before applying.

Summary

AeroCash suits those confident they'll repay within a few days and can use the discounted rate — the extra cost then stays relatively moderate. But with longer use, the real annual rate climbs into the thousands of percent, so this option is best reserved strictly for short-term urgent needs, not extended borrowing.