Finance

Where Is It Profitable to Get an Online Loan? Advantages of the Offer From OnCredit

By Ryan Bradman | March 22, 2022

With the development and widespread of the internet, it has become easier than ever for people to apply for loans online.

This has made it possible for people with bad credit scores to apply for loans online, which in turn has led to an increase in the number of people with online loans.

In case you are searching for a service providing online loans in Vietnam, let’s consider OnCredit – a financial consulting service that has been supporting plenty of customers to find a suitable loan offer:

Why should you borrow money with OnCredit?

First, you must understand the advantages of borrowing money at OnCredit. The following advantages will be the answers for you:

Apply for a loan online 24/7: OnCredit supports customers to borrow money 7 days a week, 24 hours a day.
Simple procedure: Just need an ID card and a bank account, you can get a loan immediately.
Take a profitable personal loan without proof of income, guarantor or collateral.
Fast approval and disbursement time: The application will be approved quickly and the money will be transferred to your bank account within 20 minutes.

What type of loan is available at OnCredit?

With OnCredit, you can take a loan of up to 18,000,000 VND. But the online loan term is quite short, only 7 – 30 days to pay the loan. So this type of loan is only suitable for daily use purposes.

You are eligible for an OnCredit loan if you meet the following criteria:

Age from 18 to 60;
Live and work in Vietnam;
Have a job and a stable income.

The service does not ask you to submit a profile of how you plan to use the money, you can even use it as a business loan to improve your business. You only provide your Personal Information and Bank Account Information when filling out the online form to get a loan on favourable terms.

However, remember that if you pay late, the loan will incur a corresponding late penalty fee. Therefore, please pay on time to avoid troubles and also to have a chance to get up to 50% discount on your next loan.