What is the limit for my used car auto loan?
It is OK even if you do not have a current job
Housewives OK, jobless people OK
Even if you own a vehicle in your own name, the maximum limit is 60 million won.
Income verification NO employment verification NO Used car collateral loan
If you know the car price, you can check the loan limit
Used car auto loan with a limit of up to 90% of the market price
◆ Loan process – Apply for a mobile credit loan through the app
- Check microloan limit and interest rate through a loan consultant
- Check whether the loan limit is possible after identity verification
- Decide whether to proceed after notifying the loan inquiry result
- Loan deposit upon completion of screening
• Loan Qualifications: 20 years of age or older (Men are not eligible for military service)
• Loan interest rate: within the legal interest rate from the minimum of 6.9% per annum
• Loan limit: Higher limit from 1 million won to 100 million won
• Loan period: from 12 months to a maximum of 60 months with ample repayment period
• Overdue interest: 20% within the current statutory interest rate
• Early redemption fee: 0%
• Loan repayment method: repayment of principal and interest in equal installments
Loan process – Apply for a mobile credit loan through the app
- Check microloan limit and interest rate through a loan consultant
- Check whether the loan limit is possible after identity verification
- Decide whether to proceed after notifying the loan inquiry result
- Loan deposit upon completion of screening
It is OK to repay the burdensome card payment with a car mortgage loan
Debt consolidation is OK in one place with multiple debts scattered here and there
Affordable interest-replacement loan that is being used at high interest rates OK
Repay the burdensome general credit loan at low interest with a used car collateral loan
Loan interest rate: within 20% per annum / Overdue interest rate: within 20% per year /
No other incidental costs such as handling fees, no conditions for early repayment such as early repayment commission rate, it is illegal to request or receive brokerage fees.
Repayment period: from a minimum of 12 months to a maximum of 100 months. The maximum annual interest rate is 20%. Here is an example loan total cost: When borrowing KRW 1,000,000 for 12 months at 20% interest and maximum annual interest rate of 20%, total repayment amount: KRW 1,134,720 (It may vary depending on the loan product and repayment period.)
It is OK even if you do not have a current job
Housewives OK, jobless people OK
Even if you own a vehicle in your own name, the maximum limit is 60 million won.
Income verification NO employment verification NO Used car collateral loan
If you know the car price, you can check the loan limit
Used car auto loan with a limit of up to 90% of the market price
◆ Loan process – Apply for a mobile credit loan through the app
- Check microloan limit and interest rate through a loan consultant
- Check whether the loan limit is possible after identity verification
- Decide whether to proceed after notifying the loan inquiry result
- Loan deposit upon completion of screening
• Loan Qualifications: 20 years of age or older (Men are not eligible for military service)
• Loan interest rate: within the legal interest rate from the minimum of 6.9% per annum
• Loan limit: Higher limit from 1 million won to 100 million won
• Loan period: from 12 months to a maximum of 60 months with ample repayment period
• Overdue interest: 20% within the current statutory interest rate
• Early redemption fee: 0%
• Loan repayment method: repayment of principal and interest in equal installments
Loan process – Apply for a mobile credit loan through the app
- Check microloan limit and interest rate through a loan consultant
- Check whether the loan limit is possible after identity verification
- Decide whether to proceed after notifying the loan inquiry result
- Loan deposit upon completion of screening
It is OK to repay the burdensome card payment with a car mortgage loan
Debt consolidation is OK in one place with multiple debts scattered here and there
Affordable interest-replacement loan that is being used at high interest rates OK
Repay the burdensome general credit loan at low interest with a used car collateral loan
Loan interest rate: within 20% per annum / Overdue interest rate: within 20% per year /
No other incidental costs such as handling fees, no conditions for early repayment such as early repayment commission rate, it is illegal to request or receive brokerage fees.
Repayment period: from a minimum of 12 months to a maximum of 100 months. The maximum annual interest rate is 20%. Here is an example loan total cost: When borrowing KRW 1,000,000 for 12 months at 20% interest and maximum annual interest rate of 20%, total repayment amount: KRW 1,134,720 (It may vary depending on the loan product and repayment period.)
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