Installment Loans

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 application 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 application 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 (during the loan term): 2,000,000 × 0.05% × 100 = 100,000 VND; Total repayment amount due as of day 100: 2,000,000 + 100,000 = 2,100,000 VND;
The loan must be repaid in full before the end of the 100-day period.
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Vay trả góp là gì và các hình thức vay tiền phổ biến - moneyveo.vnWhat is an installment loan and popular types of loans?

Installment loans are loans that allow you to pay off your debt every month equal to fixed or floating interest rates. This is a tool Personal finance is useful if you are looking to pay off small debts within your means power.

Installment loans are closed debt products, which means you get instant loan and monthly principal and interest payment within the term predefined.

This way of borrowing is different from the common types of loans that are credit cards or cards cashback - Revolving debt products that come with repayment terms flexible and variable interest rates.

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