Loan Under Old Contract

500,000 VND
up to 25,000,000 VND
10 days
up to 65 days
Sum, VND: 0
Commission and interest, VND: 0
Total, VND: 0 i
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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; Annual Percentage Rate (APR): 18.25% per year; Daily interest rate: 18.25% / 365 = 0.05%; Loan term: 100 days; Total interest (overpayment): 2,000,000 × 0.05% × 100 = 100,000 VND; Total repayment amount after 100 days: 2,000,000 + 100,000 = 2,100,000 VND;
The loan must be repaid in a single payment before the end of the 100-day period.
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Vay theo hợp đồng cũ là gì? - moneyveo.vnWhat is a loan under an old contract?

Borrowing under an old contract is a form of loan in which the borrower does not need to sign a new loan contract but only needs to rely on a previously signed loan contract. This form of loan is often applied in cases where the borrower has a good repayment history and wants to continue borrowing from the same credit institution.

Borrowing under an old installment contract can be done in two ways:

Additional loan: The borrower is allowed to borrow more money based on the remaining principal amount of the old loan contract.

New loan: The borrower is allowed to borrow a new amount of money different from the remaining principal amount of the old loan contract.

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