핀크 생활비대출Anyone who is a foreigner residing in Korea can apply for the Pink Living Expenses Loan. Since it is a product created in collaboration between ‘Pink’ and ‘Hana Bank’, you can borrow money at a low interest rate.
In addition, it has the advantage of being able to quickly use the mobile app to apply for a loan and make a deposit. If you have difficulty receiving a loan due to insufficient income and credit conditions, we recommend applying for the Pink Living Expenses Loan.
Table of Contents
The loan target must meet all of the conditions below to apply for a loan.
However, since the loan review is conducted using SKT telecommunications company telecommunications bill payment history, SKT customers can receive a loan with slightly better conditions.
In other words, it reflects the ‘T-score’ that calculates the mobile phone usage information into a telecommunications score. You can quickly check the T-score by running the Pink app, so please refer to it.
1) Loan limit
The loan limit is up to 5 million won. The minimum amount you can use is 500,000 won. However, the final limit is determined differently depending on the credit rating.
2) Loan interest rate
The loan interest rate can be used from a minimum of 6.621% per annum to a maximum of 13,000% per annum. However, it is a variable interest rate that changes according to a certain cycle.
And if your credit status has improved after receiving the loan, you can apply for a lower interest rate by requesting a lower interest rate. Please note that you can only apply by visiting a financial institution and submitting supporting documents.
3) Loan period and repayment method
The loan period is up to 60 months. You must choose one of the repayment methods below.
However, it is better to choose ‘Equal Principal Repayment’. The more you repay the principal, the lower the interest cost, so please refer to this if you want to repay it favorably.
4) Early repayment fee
The early repayment fee is a fee that is charged when you repay more than the fixed principal amount during the loan period because you did not keep your promise.
Fortunately, the early repayment fee is exempted, so you can repay all or part of the principal during the loan period, so if you have extra money, please feel free to repay it.
5) Application method and application procedure
You can apply for a loan in real time by downloading the Pink app. If you only verify your identity with your mobile phone, the loan review will be completed, so you can secure funds quickly.
Pink Living Expenses Loan is a loan that can be used by anyone regardless of whether you are an employee, business owner, or unemployed, so it is good to use it if your income and credit conditions are insufficient.
Since it is a product linked to Hana Bank, a first-tier financial institution, it can be used at a low interest rate, and even if your credit rating drops, the range is small, so if you repay faithfully, you can recover quickly.
And unlike credit loans, since it reflects the non-financial credit rating method, SKT customers can receive loans more advantageously. However, if you are not an SKT customer, Hana Bank’s own screening criteria will be applied.
1) Pink Emergency Loan
Pink Emergency Loan is a product launched in collaboration between Pink and Daegu Bank, so it can be used at a low interest rate and is good for managing credit. Since any adult can apply for a loan, it is good for the unemployed.
The product contents are summarized as follows.
To apply, simply run the Pink app to easily borrow money. If you would like to learn more about other details, please refer to the posting below for help.
> Pink Emergency Loan Product Description, Reviews, and Countermeasures in Case of Rejection
2) Kakao Bank Emergency Loan
Kakao Bank Emergency Loan is a product for which Seoul Guarantee Insurance issues a certificate of guarantee, so the approval rate is high even if your income and credit conditions are insufficient. Since any adult can apply for a loan, it is good for the unemployed.
Here is a brief summary of the product contents.
You can easily borrow money by simply running the Kakao Bank app. If you would like to know more details, please refer to the post below for help.
> Kakao Bank emergency loan target, conditions, reviews, and how to respond if rejected
3) Kiwi Bank emergency loan
Kiwi Bank emergency loan is a product handled by ‘KB Savings Bank’. It is popular because it can be used by the unemployed regardless of occupation or income. However, you can only apply for a loan if your KCB credit score is 475 or higher.
Here is a brief summary of the product contents.
You can easily borrow money by simply running the Kiwi Bank app. If you would like to know more details, please refer to the post below for help.
> Kiwi Bank Emergency Loan Target, Limit, Interest Rate, Countermeasures in Case of Rejection
Pink Living Expenses Loan is popular because anyone can apply for it, but before applying for a loan, please contact the Pink Customer Center (☎1566-4949) or Hana Bank Customer Center (☎1588-1111) to inquire about the product. Thank you.
TEL. 02.1234.5678 / Gyeonggi Seongnam-si Bundang-gu Pangyo Station Road
© Kakao Corp.
