Buzz
Recently, Mytour has been receiving frequent messages and calls from readers inquiring about how to borrow money from Home Credit. With three main loan packages: installment loans for motorcycles, installment loans for household appliances, and cash installment loans, we have observed a high demand for installment loans from Home Credit.
Guidance on the steps to borrow money from Home Credit
Comprehensive Guide to Home Credit Installment Loans
How to Borrow from Home Credit
1. Is it advisable to take out installment loans from Home Credit?
- Home Credit is a leading conglomerate in consumer finance in Russia, the Czech Republic, India, China, and more. In Vietnam, after over 10 years of development, Home Credit has served more than 8.54 million people with over 8000 transaction points nationwide.
In 2017 and 2018, Home Credit's mobile application was awarded as the 'most popular consumer finance app in Vietnam'
Home Credit's loan conditions and application procedures are swift, with reasonable interest rates. You can borrow up to 40 million VND over 36 months with just your ID card, household registration book, and driver's license.
Checking your loan limit online and receiving results within 10 minutes is hassle-free.
With standout benefits such as flexible, speedy procedures and the convenience of quickly borrowing substantial sums in a short time, Home Credit is a popular consumer lending brand. Many people opt for it when in need of installment loans for cash or financing for products and services such as electronics, motorcycles, and more.
2. Eligibility for Loans at Home Credit
- Being a Vietnamese citizen, aged 22 to 60
- Stable income
- Possession of valid ID card and driver's license
To find out the documents needed for your actual loan application, you can contact Home Credit hotline (02838999666) for direct consultation.
3. Interest Rates for Loans at Home Credit
The interest rates for Home Credit loans are determined based on the quality of the loan application and the level of risk involved. Typically, the interest rates for cash loans at Home Credit range from 22% to 40% per year.
For detailed information on Home Credit loan interest rates, you can explore the article: 'How much are Home Credit loan interest rates?' by Mytour.
4. How to Borrow Money at Home Credit
If you meet the necessary conditions to borrow money at Home Credit, you can proceed with cash loans at Home Credit through the following methods:
* Cash Loans at Home Credit Counters
Step 1: Bring your ID card, driver's license, and household registration book to Home Credit's loan counters.
Step 2: Present your desired loan amount to Home Credit advisors for suitable loan options.
Step 3: Fill out personal information on the loan request form, complete the loan application, Home Credit staff will assess and approve the loan for you.
Step 4: If your loan application is approved, you'll sign a loan installment contract with Home Credit outlining the loan amount, interest rate, and suitable loan term.
Step 5: Wait to receive the loan from Home Credit.
* Home Credit Online Loan
Note: The feature to register for and sign Home Credit online loan contracts is only available to customers who have previously signed installment loan contracts with Home Credit.
Step 1: Download the Home Credit app to your personal device for registration here: Home Credit for Android
Step 2: Log into the app, press 'I don't have an account yet', and use your contract number and phone number to register for access.
(If you don't know your loan contract number with Home Credit, you can contact the Home Credit hotline to inquire about the contract number or for guidance on the next registration steps)
Step 3: Log into the system with the registered username and password, on the home page interface, select the offers section to check the maximum loan amount you can borrow, and press 'register'.
Step 4: Fill in your personal information, upload images of your ID card & driver's license (or household registration book) as instructed on the screen
Step 5: Wait for loan approval: Based on the information in your registration, the loan result will be notified to you via phone on the same day
Step 6: If your loan application is approved, Home Credit will transfer the loan amount to your bank account
These are the steps you need to take to borrow money at Home Credit. If borrowing money for living expenses is urgent, you can apply for cash loans at Home Credit following the instructions provided by Mytour.
