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consumer loan
News updates related to consumer loans
Viettel Money refunds 50% of university and college admission registration fees
(Baonghean.vn) - To support candidates in this year's admission season, from August 24, 2022 to 5:00 p.m. on August 31, 2022, Viettel Money applies a special PROMOTION when customers pay university and college admission fees.
Society
Experts advise caution when taking out consumer loans through Zalo Bank
Economists say that easy procedures for loan approval, loan limit granting, and no collateral required... will potentially increase the risk of bad debt.
Nghe An: Will consumer and installment loan borrowers receive bank support during Covid season?
(Baonghean.vn) - The Covid-19 epidemic is complicated, along with the fact that many businesses are closing due to lack of work, many stores and shops are closing due to the Government's isolation order, causing people's normal income to be severely affected. Many people are borrowing from banks to buy cars and apartments, facing difficulties.
Proactive information security helps minimize risks
(Baonghean.vn) - Economic experts recommend that people need to keep personal information confidential to protect themselves from possible troubles related to consumer lending activities.
Understanding consumer loans to get good interest rates
(Baonghean.vn) - According to economic expert Dr. Can Van Luc, there are two ways to reduce loan interest rates. One is to ensure a good credit record. Two is to avoid bad debt because if you have a bad debt history, the finance company will definitely not apply a lower interest rate for the next loan.
Reaching Female Customers in the Ladies' Economy - SHEconomy
(Baonghean.vn) - More than ever, women are earning more, spending more, and influencing the majority of purchasing decisions - from necessities to big-ticket items. This demographic trend presents attractive marketing opportunities, but in reality, reaching women is not easy.
People will be able to get 'hot loans' from banks with low interest rates
(Baonghean.vn) - That is the opinion of Deputy Governor of the State Bank of Vietnam Dao Minh Tu when discussing solutions to prevent black credit.
Warning about consumer loan consulting via Facebook to steal money
July 26, 2018 07:14
Some subjects pretend to be financial company employees to approach consumers via Facebook, then forge disbursement contracts to defraud money.
State Bank regulates consumer lending activities
May 16, 2018 08:12
The State Bank has issued a series of requirements and asked banks to comply with interest rate regulations and debt collection must be in accordance with regulations.
Tighten lending to stop housing bubble
February 23, 2018 08:22
Closely monitor the use of consumer loans for real estate investment and business.
Consumer loans: 8 things borrowers need to know
December 7, 2017 19:05
(Baonghean.vn) - Consumer lending is a popular product and service that meets the needs of the majority of people, but not everyone understands the steps in the lending process. To ensure their rights, borrowers need to carefully study the following to avoid financial risks.
Ministry of Industry and Trade warns of risks when borrowing consumer loans at high interest rates
November 17, 2017 07:08
The Competition Management Department, Ministry of Industry and Trade said that borrowers charged interest rates of up to 60%/year will face many risks.
Consumer loans 'invade' the countryside
September 3, 2017 10:17
Many young people in the provinces are using smartphones worth more than ten million dong for the first time in their lives thanks to the "invasion" of consumer finance companies.
Chinese debtor undergoes plastic surgery to avoid paying $3.5 million
July 29, 2017 14:44
A Chinese woman had plastic surgery, completely changing her appearance to escape a debt of 3.5 million USD but still could not escape.
Beware of the 0% interest consumer loan 'trap'
December 26, 2016 07:05
As the new year approaches, financial companies are promoting consumer credit with many attractive interest rates for individuals who need to borrow money for year-end shopping. However, if not careful, customers can easily fall into a 'trap'.
Consumer loan interest rate will be according to agreement?
November 7, 2016 19:26
The State Bank has recently issued a draft circular guiding consumer loans of finance companies, with many regulations to protect consumer rights and ensure healthy and sustainable development for this activity.
Be careful when taking out consumer loans at the end of the year
October 2, 2016 15:24
According to data released by the State Bank of Vietnam (SBV) last weekend, credit growth as of September 20 only reached 10.46% compared to the end of 2015. Since there are only 3 months left until the end of the year, many banks have accelerated to reach the target of 18-20% credit growth. Of which,
Be careful when borrowing for consumption at the end of the year
October 2, 2016 08:19
According to data released by the State Bank of Vietnam (SBV) last weekend, credit growth as of September 20 only reached 10.46% compared to the end of 2015. Since there are only 3 months left until the end of the year, many banks have accelerated to achieve the credit growth target of 18-20%. In particular, boosting credit growth in the form of consumer loans and credit cards is being targeted by many banks.
Thousands of billions of dong in consumer loans
August 10, 2016 06:16
(Baonghean.vn) - Along with the strong development of the economy, people's lives are increasingly improved, the need for spending to serve life is increasing. That is a favorable condition for banking activities in general, and the consumer lending sector in particular, to develop. Since the beginning of the year, thousands of billions of VND have been disbursed by banks in Nghe An for consumer loans.
Vietnamese people borrow 15 billion USD for consumption
May 17, 2016 19:29
Vietnam's consumer finance lending scale increased nearly one and a half times to 15.12 billion USD in 2015, according to statistics from StoxPlus, showing that this market is also witnessing fierce competition.
Banks rush to lend consumer money near Tet
January 26, 2016 11:09
Bank staff continuously send messages, emails or phone calls, along with promotional packages to reduce interest rates,...
Consumer lending development will push back 'black credit'
November 27, 2015 11:27
Developing a healthy consumer lending market and ensuring that people have full information about their rights and obligations when borrowing capital will help prevent the situation of "black credit".
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