1. Conditions and Contracts:
(1) After the borrower receives the loan balance, it is not applicable to illegal things / gambling / drug bad behavior, etc.
(2) The proof of matter must be completed within 1 day. , if the borrower fails to buy insurance certification within the specified time. Companies must submit documents for lawyers to intervene in the preliminary investigation. and will contact the guarantor in advance for investigation.
(3) After the new borrower is approved, it must have a guaranteed reserve fund or purchase credit insurance from the company. In order to check whether the new customer can pay off the debt after getting the loan amount. (For borrowers who have paid installments with the company, no mortgage or credit insurance is required.)
(4) After signing the contract If the company finds any abnormal behavior or blacklist. The company will have the right to suspend the borrower's loan. and within 3 days to check and find a solution to the internal problem, Otherwise, the company has the right to refuse this contract.
(5) Results from bank approval, if it is not convenient for each borrower to use the securities as collateral for the loan. The company will be exposed to the risk of making loans to borrowers.
Therefore, the financial liquidity of the "borrower" needs to be checked. Lenders must submit a loan amount deposit, which is approximately 10% - 20% of the loan amount. (depending on the credit department again) to create a credit history that demonstrates the lender's ability to pay off the loan.
(6) The Borrower undertakes that, if the Borrower agrees to the Agreement, if the Borrower fails to comply with the contract, for whatever reason, The lender has the right to terminate the contract and require the borrower to pay principal and interest. Borrowers are required to pay damages in various court costs including attorney fees and litigation. If the borrower cancels the contract must pay 30% - 50% of the loan amount. paid to the lender.
