Post by rakib5254 on May 15, 2024 6:56:55 GMT
Common questions "Is it possible to get an unsecured loan at 18 years old and which banks support loans from 18 years old?" is always a matter of concern for many young people when they need capital. Don't worry, Sapo's following article will give you a detailed answer on this issue. 1. Can an 18 year old get an unsecured loan? According to the provisions of Article 7, Circular No. 39/2016/TT-NHNN, people who want to borrow capital from banks or credit institutions must meet the following conditions: Is a legal entity and has full civil legal capacity. In the case of individuals, they must be 18 years of age or older and have full human capacity as prescribed by law. As for people from 15 years old to under 18 years old, they can also borrow capital without being limited in their civil act capacity according to the provisions of law.
The need and purpose of the loan must be legal Have a reasonable and Uzbekistan Email List feasible plan to use loan capital Prove your finances and ensure your ability to repay debt If you borrow capital from credit institutions at the interest rate specified in Article No. 13, Circular 39/2016/TT-NHNN, customers will be assessed by the credit institution as having a stable and transparent financial situation. . According to current regulations, people over 18 years old can borrow unsecured loans if they meet the conditions of civil capacity, usage plan and ability to repay debt. However, reality shows that not many banks and financial institutions provide unsecured loan packages for 18-year-old customers. 2. Why is it difficult for 18 year olds to get bank loans? The introduction of strict conditions for unsecured loans for 18 year olds is due to many reasons.
Although according to the law, citizens from 18 years old have all the rights and obligations of citizenship as well as the capacity for civil acts, many financial institutions still impose a minimum age of 20 years to participate. unsecured loan. The main reason is to ensure that the loan will be used appropriately and can be paid on time, avoiding the situation of becoming bad debt. 18 year old citizens are often not financially stable, lack experience and awareness about money management. This increases risks for the lending institution and also affects the interests of both parties. 18t-co-borrowed-news-chap-duoc-not Furthermore, many 18-year-olds are still in the process of completing high school or just starting their working careers, often with low and insecure incomes. Therefore, this person often has difficulty proving their ability to repay debt.
The need and purpose of the loan must be legal Have a reasonable and Uzbekistan Email List feasible plan to use loan capital Prove your finances and ensure your ability to repay debt If you borrow capital from credit institutions at the interest rate specified in Article No. 13, Circular 39/2016/TT-NHNN, customers will be assessed by the credit institution as having a stable and transparent financial situation. . According to current regulations, people over 18 years old can borrow unsecured loans if they meet the conditions of civil capacity, usage plan and ability to repay debt. However, reality shows that not many banks and financial institutions provide unsecured loan packages for 18-year-old customers. 2. Why is it difficult for 18 year olds to get bank loans? The introduction of strict conditions for unsecured loans for 18 year olds is due to many reasons.
Although according to the law, citizens from 18 years old have all the rights and obligations of citizenship as well as the capacity for civil acts, many financial institutions still impose a minimum age of 20 years to participate. unsecured loan. The main reason is to ensure that the loan will be used appropriately and can be paid on time, avoiding the situation of becoming bad debt. 18 year old citizens are often not financially stable, lack experience and awareness about money management. This increases risks for the lending institution and also affects the interests of both parties. 18t-co-borrowed-news-chap-duoc-not Furthermore, many 18-year-olds are still in the process of completing high school or just starting their working careers, often with low and insecure incomes. Therefore, this person often has difficulty proving their ability to repay debt.
