Here’s the complete Trust & Terms page in English, fully unified with the new microcredit calculation table, loyalty tiers, missed payment logic, ethical design, and legal framework.
🔐 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 bureau | 3–6 months via Biroul | Loyalty reset to Tier 1 |
| Soft Reminders | App/SMS nudges | Same | No calls >2/day |
| Wallet Deduction | Auto-debit via Idram | Optional via wallets | With user consent |
| Legal Action | Rare for <$7 loans | Rare for <$7 loans | Focus on restructuring |
| Fraud Consequences | Penal code 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%.
📊 Microcredit Calculation Logic
| Level | Exact (Precise Top-Up) | Maximum (Bonus Mode) | Minimum Balance on Card |
|---|---|---|---|
| 1 (Start) | ≤ 10% of purchase | Not available | €0 |
| 2 (Basic) | ≤ 25% of purchase | Not available | €0 |
| 3 (Extended) | ≤ 50% of purchase | deficit × 2, max 100% of purchase | €5 |
| 4 (Fast Approval) | ≤ 75% of purchase | deficit × 2.5, max 125% of purchase | €8 |
| 5 (Premium) | ≤ 100% of purchase | deficit × 3, max 150% of purchase | €12 |
🔎 How It Works
- Exact → covers exactly the deficit, but never more than the stated percentage.
- Maximum → deficit plus a strong bonus that grows significantly with each level.
- Minimum Balance → the “safety cushion”: MEM Cash never leaves less than this amount on your card, even if the deficit is only €0.01.
💶 Examples (purchase €18.50)
- Deficit €1 (available €17.50):
- Level 3 Exact → loan €1, balance €5
- Level 3 Maximum → loan €2, balance €5
- Level 4 Maximum → loan €2.5, balance €8
- Level 5 Maximum → loan €3, balance €12
- Deficit €6 (available €12.50):
- Level 3 Maximum → loan €12 (6×2), balance €5
- Level 4 Maximum → loan €15 (6×2.5), balance €8
- Level 5 Maximum → loan €18 (6×3), balance €12
✨ Result: climbing levels is highly rewarding — at Level 5, even a small deficit yields triple the loan amount plus a guaranteed balance cushion.
📜 Trust & Terms (Updated April 09, 2026)
- MEM Cash operates as an Agentic Fintech Service — AI-driven technology for instant microloans.
- MEM Cash is not a lender; loans are issued by licensed financial partners.
- Decisions are made by multi-agent AI, with ethical guardrails (“Do No Harm”, “Essential Only”).
- No guarantee of approval or loan terms; partner institutions decide.
- Limitation of liability: MEM Cash disclaims responsibility for AI decisions, delays, or inaccuracies.
- User responsibilities: provide truthful data, avoid manipulation.
- Data usage: anonymized data may train AI models, per Privacy Policy.
- Termination: service may be suspended for fraud or misuse.
- Governing law: Republic of Armenia; disputes resolved in Yerevan courts.
👉 Want to know more?
Explore our [FAQ] or chat with our AI advisor in-app.
This is now a fully polished English-language page with all sections unified. Would you like me to also prepare a visual design draft (color blocks, icons, layout suggestions) so it looks like a modern landing page rather than just text?