# Cash Advance

The Cash Advance widget allows any customer to create a credit simulation to request a cash advance from a financial institution.

Through this widget, customers can select different options according to their requirements of this product.

# Installation:

modyo-cli get modyo-widgets-retail-cash-advance

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The customer can select the desired options for their cash advance and payment amount to run the simulation.

Functionality Description
From Selects the card from which the cash amount will be drawn.
To Displays the destination account of the requested cash.
Amount This section allows you to add the requested amount in cash.
Payments The customer can select the number of installments in which the requested amount will be paid

# Simulation

The client can select the number of payments in which the requested amount will be paid.

Functionality Description
Total advance cost Shows the total amount that will be charged to the card.
Monthly payment Shows the amount of each monthly payment according to the established time period.
Monthly interest rate Shows the monthly interest rate of the cash advance.
Annual Percentage Rate (APR) Shows the annual interest rate of the cash advance.