In most cases, there are only a few simple steps involved in making a loan application:
1.
Gather information
Obtain information on the type of loan you
are interested in. If you need any assistance, you can use our online
loan
selector, or talk to our branch staff or
hotline customer service representatives. We will help you assess
your individual needs, repayment options and special requirements,
and recommend a suitable loan product for you.
2.
Application and
assessment
You are required to submit the required documents
so that we can evaluate your financial position and repayment ability.
3.
Approval
Upon loan approval, we will send a letter
of confirmation to you. If you have any queries on the information
contained in the letter, please contact our customer service representatives.
4.
Receiving the
money
This is known as “loan drawdown”
and the approved amount will be disbursed automatically into your
designated bank account.
5.
Making repayments
To make repayment easy, we suggest that you
repay by setting up a direct
debit account. Your repayments will be debited directly from your
designated bank account. For an instalment loan, a direct debit account
will be automatically set up with your designated bank account.