Money & bills
Loan Explainer
See the real numbers in a loan offer before you sign
The real numbers in a loan or credit offer, and what to check.
What you get
- Rate, fees and total cost, as printed
- What to check before you agree
- Questions to ask the lender
How to use Loan Explainer
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1
Open SnapAI
Give it a photo or screenshot, a PDF or typed or pasted text. No typing out what it says, no retyping numbers.
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2
Choose Loan Explainer
Pick the tool, or let SnapAI work out which one fits what you sent.
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3
Read the answer
Plain language, the details that matter pulled out, and what to do next - ready to copy, share or save as a PDF.
What people use it for
Written examples of how SnapAI is used. Real Play Store reviews will replace them once the app is public.
“I photograph a client contract and get the payment terms and the notice period pulled out in seconds. It is like having someone read the fine print for me.”
Loan Explainer: questions people ask
What does Loan Explainer do?
The real numbers in a loan or credit offer, and what to check. You give it a photo or screenshot, a PDF or typed or pasted text, and SnapAI answers in plain language.
What can I give Loan Explainer?
It reads a photo or screenshot, a PDF or typed or pasted text. Photograph the thing in front of you, share a screenshot, or paste the text - whichever you already have.
Is Loan Explainer free?
Every new account starts with free credits, and one run of Loan Explainer costs 2 credits. Pro adds a monthly allowance.
Can Loan Explainer be wrong?
Yes. SnapAI uses AI and it can make mistakes, so treat the answer as information rather than advice. Check anything that matters against the original document, or with a professional, before you act on it.
What happens to my photo or document?
It is sent securely to be analysed and deleted as soon as the analysis is finished. It is never used to train AI models unless you turn that on yourself, and you can delete any result from your history at any time.
Which languages does Loan Explainer understand?
SnapAI works in English, Hindi and Spanish, and reads documents in many more - it answers you in the language you set in the app.
Tools that go with it
Get Loan Explainer in SnapAI
Loan Explainer is one of SnapAI's tools. Install the app once and you have all of them.
SnapAI uses AI and can make mistakes. Check anything important against the original source, or with a professional, before you act on it.