🔐 Fair lending. Transparent rules. Built for essential moments
MEM Cash rewards trust and protects users. This section explains how loyalty grows — and what happens if a loan isn’t repaid. No hidden traps. No predatory rates.
🧭 Loyalty Levels & Coverage
| Loyalty Tier | Coverage % | Typical Loan Range | Armenia (AMD) | Romania (RON) |
|---|---|---|---|---|
| New | 10% | $0.15 – $5 | 60–2000 AMD | 0.7–23 RON |
| Starter | 25% | $0.15 – $10 | 60–4000 AMD | 0.7–46 RON |
| Mid | 50% | $0.15 – $20 | 60–8000 AMD | 0.7–92 RON |
| High | 75% | $0.15 – $35 | 60–14000 AMD | 0.7–160 RON |
| Premium | 100% | $0.15 – $50 | 60–20000 AMD | 0.7–230 RON |
How it works:
Your loyalty score grows with timely repayments. MEM Cash covers more of your missing amount at checkout — up to 100% for trusted users.
⚖️ What Happens If You Miss a Payment?
MEM Cash avoids harsh penalties. Instead, we use AI and behavioral signals to guide repayment and prevent debt cycles.
| Action Type | Armenia (AMD) Example | Romania (RON) Example | Notes |
|---|---|---|---|
| Daily Late Fee | ~3–4.5 AMD/day | ~0.01–0.03 RON/day | Capped at 2x loan |
| One-Time Penalty | ~300–600 AMD | ~1.5–3 RON | Often waived for hardship |
| Loan Freeze | 6–12 months via credit bureau | 3–6 months via Biroul de Credit | Loyalty reset to Tier 1 |
| Soft Reminders | App/SMS nudges, no calls >2/day | Same | Gentle, non-aggressive |
| Wallet Deduction | Auto-debit via Idram/TBC | Optional via local wallets | With user consent |
| Legal Action | Rare for <$7 loans | Rare for <$7 loans | Focus on restructuring |
| Fraud Consequences | Only for false data (Art. 190) | Penal code Art. 244 | KYC/AML protected |
🧠 Ethical Design
- AI scoring avoids bias and adapts to local income levels.
- No interest on “first-need” purchases.
- No asset seizure or aggressive collections.
- Users can restructure or pause loans via app.
- GDPR & Open Banking compliant.
💬 Example: You’re in Tier 3 (Mid Loyalty)
You’re short 4000 AMD / 46 RON for medicine. MEM Cash covers 2000 AMD / 23 RON instantly.
You repay in 7 days. Your loyalty grows. Next time, coverage may reach 75%.
Want to know more?
Explore our [FAQ] or chat with our AI advisor in-app.