Ard Credit review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Ard Credit is a Mongolian direct lender offering personal and secured loans at 1% to 4.5%, below the 12.25% median for personal loans on the site. It suits borrowers with salary or business income who apply in the Ard app and want an in-app decision in 3-5 minutes (in-app application decision).

Key facts

Best for
Low rate fixed-rate personal and secured loans for Mongolian borrowers who bank in the Ard app.
APR
1% to 4.5% (Source, checked September 26, 2026)
Loan amount
MNT 50,000 to MNT 20,000,000 (Source, checked September 26, 2026)
Term
1 to 36 months (Source, checked September 26, 2026)
Arrangement fee
5.0% short-term, 1.0% long-term (Ard loan); service fee MNT 0 short-term, MNT 3,000 long-term (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
3-5 minutes (in-app application decision) (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Aged 18 or over and a citizen of Mongolia, with salary or business income, no active or closed bad loans, and an Ard app account (Source, checked September 26, 2026)
Origination fee (%)
1% to 5% (Source, checked September 26, 2026)
Loan types
Personal, Secured (Source, checked September 26, 2026)
Legal entity
Ard Credit LLC (Source, checked September 26, 2026)
Headquarters
Mongolia (Source, checked September 26, 2026)
Founded
2011 (Source, checked September 26, 2026)
Support channels
Phone, Email, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Official website
ardcredit.com

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInfacebook.cominstagram.com

Pros and cons

Pros

  • APR of 1% to 4.5% on both personal and secured loans, under the 12.25% median for personal loans and the 11.52% median for secured loans on the site.
  • In-app decisions come back in 3-5 minutes (in-app application decision), so a short-term need does not wait on a branch visit.
  • Listed by the Financial Regulatory Commission of Mongolia under 238 and by Mongol Bank under A-7/1320.
  • Borrowing of MNT 50,000 to MNT 20,000,000 with terms of 1 to 36, all at fixed rates.

Cons

  • The credit check is hard, so an application is recorded in full rather than as a soft search.
  • Arrangement fees of 1% to 5% apply, set higher on short-term borrowing, with a service fee charged on long-term loans.
  • Eligibility asks for Mongolian citizenship, salary or business income, an Ard app account, and a credit record free of bad loans.
Ard Credit

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Scored 9.0 / 10 by BorrowCue.

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Who it suits

  • Borrowers in Mongolia with salary or business income who already hold an Ard app account.
  • People who want an answer quickly, since the in-app decision comes back in 3-5 minutes (in-app application decision).
  • Borrowers who prefer the rate not to move, as the pricing is fixed.

Who should look elsewhere

  • Borrowers after the cheapest option, since Cashspace ES shows an APR of 0%.
  • Anyone needing a repayment window longer than 1 to 36 months, where Monzo Flex is priced at 10% to 23%.

How Ard Credit compares

Where Ard Credit is available

Available
Mongolia
Licence in Mongolia
Financial Regulatory Commission of Mongolia (FRC) (238), checked September 26, 2026
Licence in Mongolia
Mongol Bank (A-7/1320), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate would I pay on an Ard Credit loan?+

Pricing is fixed and the model is fixed rate, so the rate holds for the whole term. The APR runs 1% to 4.5%, which sits under the 12.25% median across personal loans and the 11.52% median across secured loans on the site.

What fees are charged on top of the loan?+

Two charges matter: an arrangement fee and a service fee. The arrangement fee is taken as a share of the loan, set higher on short-term borrowing and lower on long-term, and it runs 1% to 5%. The service fee is free on short-term loans and a set amount on long-term ones.

How much can I borrow, and for how long?+

Amounts run MNT 50,000 to MNT 20,000,000 and terms run 1 to 36, so the same lender covers a small short-term advance and a larger secured sum over a longer window. Ard Credit is a direct lender, which means you deal with the company that makes the loan.

Is Ard Credit regulated?+

It is listed by the Financial Regulatory Commission of Mongolia under 238 and by Mongol Bank under A-7/1320. The company behind the brand is Ard Credit LLC, based in Mongolia, and it lends directly rather than acting as a broker.

What credit check will my application involve?+

The check is hard, so the application leaves a full record rather than a soft search. The rate you are offered will depend on your own file, and the eligibility rules also ask for a record free of bad loans.

How quickly do I hear back?+

The in-app decision comes back in 3-5 minutes (in-app application decision). Applications are made in the Ard app, and holding that app account is part of eligibility, so the process runs through the app. Support runs on phone, email and help centre if anything needs checking.

Who can apply?+

Applicants need to be Mongolian citizens with salary or business income, an Ard app account and a record free of bad loans. The lender behind the brand is Ard Credit LLC, which has been operating since 2011.

What kinds of loan are on offer?+

Ard Credit offers personal and secured loans, both priced at fixed rates. Amounts span MNT 50,000 to MNT 20,000,000, so the personal loan can cover a planned cost while the secured loan serves a larger borrowing backed by an asset.

Sources

  • ardcredit.com checked September 26, 2026

    Backs: Headquarters, Lender type, Support channels

    “Address: Mongolia, Ulaanbaatar city, Sukhbaatar district, Blue Sky Tower, 9th floor”

  • ardcredit.com/faq checked September 26, 2026

    Backs: Funding time

    “The response to the loan request arrives within 3-5 minutes (Ard app)”

  • ardcredit.com/introduction checked September 26, 2026

    Backs: Founded, Legal entity

    “2011 - established with the investment of Intergroup International LLC; operating continuously in Mongolia since 2011”

  • ardcredit.com/loan checked September 26, 2026

    Backs: Loan amount, APR, Credit check, Eligibility, Loan types, Pricing model, Arrangement fee, Origination fee (%), Rate type, Term

    “Ard loan amount: MNT 50,000 - MNT 20,000,000”

  • frc.mn checked September 26, 2026

    Backs: Licences

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Representative example.

Ard Credit

Ard Credit

Low rate fixed-rate personal and secured loans for Mongolian borrowers who bank in the Ard app.

9.0/10See alternatives

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