Buzz
Operating for over 10 years in Vietnam, Home Credit's unsecured consumer loan service is considered a useful solution for individuals who want to consume goods and services but lack the financial means for direct payment or do not meet the conditions for bank loans.
If this is your first time encountering Home Credit's installment consumer loan service, you might be wondering how to borrow money from Home Credit, such as: 'What are the borrowing conditions, required documents, and borrowing procedures at Home Credit? Is it complex and time-consuming like borrowing money from a bank?'
The article below by Mytour is edited to provide readers with the most comprehensive overview of the installment loan procedures at Home Credit. Let's explore!
Conditions and Procedures for Borrowing from Home Credit
1. Loan Packages at Home Credit
- Installment loans for electronics and appliances
- Phone installment loans
- Home Credit credit card
- Cash installment loans
- Installment loan packages related to education, healthcare, and more...
2. Loan Eligibility Criteria at Home Credit
- Vietnamese citizens aged between 22 and 60
- ID card, household registration book (KT3/KT4), driver's license, and other supporting documents (such as bank statement, salary slip, bank account, insurance policy, etc.) as required by each loan package at Home Credit
3. Loan Application Procedures at Home Credit
* Procedures for Purchasing Products and Services on Installment at Home Credit
Select the items you desire to own (electronics, phones, motorcycles, etc.) and visit Home Credit's advisory counter to receive guidance on suitable installment loan packages. (If the store lacks a Home Credit advisory counter, you can request detailed advice from the store's sales personnel regarding installment loan packages for the product.)
After receiving advisory support and selecting a suitable installment loan package, present your ID card and driver's license to facilitate the installment purchase application. Approximately 20 minutes to 4 hours after submitting the application, if your loan application is approved, you will sign an installment contract with Home Credit and receive the purchased product immediately afterward.
* Procedures for Cash Loans at Home Credit
Explore cash loan options on the Home Credit website or app. (If you're not tech-savvy, you can call the Home Credit loan hotline (18006860) for free loan advice).
After filling out the installment loan application information as instructed on the screen, you need to wait for Home Credit to review your loan application. If your application is approved, Home Credit consultants will guide you to prepare necessary documents (ID card & driver's license) and visit the nearest Home Credit location to sign the loan contract, completing the loan process.
Immediately after signing the loan contract, you can choose to receive the disbursed funds from Home Credit via postal service, through Home Credit's partner banks, or to your own bank account.
The above article by Mytour has provided an overview of the loan procedures at Home Credit. Based on the information in this article, consider the loan conditions and adhere to the loan process and procedures at Home Credit to quickly and easily borrow money from Home Credit.
