See the true annual cost of five common Cambodian loan types side by side — some low "per-cycle" rates compound into very high yearly costs once fees are included.
Comparing Cambodian Loans — printed
| Metric | 1. Online Loan (App-Based) | 2. Loy Roub (Cycle Loan) | 3. Chong Kar (Interest-Only) | 4. Flat Rate Loan (MFI) | 5. Declining Balance (Bank/MFI) |
|---|---|---|---|---|---|
| Period Length | days/cycle | days/cycle | months | months | months |
| Nominal Interest Rate | %/cycle | %/cycle | %/month | %/month (flat) | %/year (declining) |
| Upfront Fee Deducted | % | % | % | % | % |
| Cash Actually Received | — | — | — | — | — |
| Periods per Year | — | — | — | — | — |
| Interest, First Period | — | — | — | — | — |
| Installment per Period | — | — | — | — | — |
| Total Interest (over term) | — | — | — | — | — |
| Total Repayment | — | — |
—
Total repaid so far (optional)
|
— | — |
| True EAR (incl. fees) | — | — | — | — | — |
| EAR / APR (nominal) | — | — | — | — | — |
| Cost Rank (1 = most expensive) | — | — | — | — | — |
| Principal Outstanding at Year-End | — | — | — | — | — |
| Legal / Regulatory Status | Often unlicensed — many app-based lenders operate without NBC approval, which may be against Cambodian law. | Unregulated — informal lending, not licensed by the National Bank of Cambodia (NBC). | Unregulated — informal lending, not licensed by the National Bank of Cambodia (NBC). | Regulated & licensed by NBC, if the lender is a properly licensed MFI. | Regulated & licensed by NBC, if the lender is a properly licensed bank or MFI. |