Driver's License Loan
Loan amount: from 500 thousand to 25 million VND, Minimum period for repayment: 62 days, Maximum period for repayment: 180 days, Annual Percentage Rate: 18.25%/year, Lending age: 18 - 60 years old
Example of loan calculation:, Loan amount: 2 000 000 VND, Daily interest rate: 0.05%, Loan period: 100 days, Total sum for repayment after 100 days: 2 100 000 VND.
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What is a driver's license loan?
Borrowing money with a driver's license is a form of credit loan in which the borrower can use his or her driver's license as collateral to secure the loan. This form is often faster and more convenient than other types of loans, especially when you need to borrow a small amount of money in a short time. However, if you do not repay on time, your collateral may be confiscated by the bank or credit lending institution. Furthermore, the interest rate of this form is also quite high compared to traditional forms of borrowing money at banks.
You can borrow money at Moneyveo – a reputable, transparent and fast lender. With transparent interest rates from 18.25% / year, loans from VND 500,000 – VND 17,000,000 help you manage during unemployment months.
CS/ The system will notify the payment information to the email you registered on the payment due date. In case it is not possible to go to the email to view the information, there will be a staff contact to assist.
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