• Company: Shinhan Card Co., Ltd.
• Product: Foreigner-only Loan
• Loan interest rate is applied differently depending on loan conditions and personal credit rating.
• No early repayment fee is charged.
• The loan repayment shall be made through level payments on principal and interest after the principal and interest are equally deferred, and the loan interest may be charged on the basis of the monthly agreed payment date, which may differ for each product, so please check the product manual, and terms and conditions of the loan product.
• Please, be sure to check the product manual, and terms and conditions of the loan product before signing the contract.
• Financial consumers are entitled to be explained about the financial products or services pursuant to Article 19(1) of the Act on the Protection of Financial Consumers.
• If the loan is inadequate due to the low personal credit rating or the occurrence of overdue interest rate (including short-term one), the loan may be restricted.
• The loan may be restricted or the credit line may vary, depending on the difference between the time of inquiring about loanability and the process of applying and screening the loan.
• Loan interest rate may vary from product to product, so be sure to check the product manual, and terms and conditions of the loan product.
• Loan is available 24-7-365. Provided, however, in the event of failure in identity verification (such as erroneous input of ID information), or failure in automatic income verification, the loan may be paid after calling with our call center staff during business hours (09:00 to 18:00).
• The time difference between the time of applying for loan and the time of receiving loan may change the loanable limit or loanability.
• When applying for loan before calling with our call center staff or a loan other than a general loan before receiving the loan, the payment of a general loan may not be made.
• Please understand that it may not be possible to apply for a loan via some smartphones.
• We are checking your ID card or driver’s license for safe financial transactions, so you can use our service conveniently if you prepare it in advance.
• For detailed information before entering into a loan contract, be sure to refer to the product manual and terms and conditions of loan product, or contact our customer service center at 1544-7000.
• Overdue interest rate will be applicable within the range of “contracted interest rate +up to 3%, within legal maximum interest rate (20% per annum)’.
• Provided, however, if there is no contracted interest rate at the time of delinquency, The contracted interest rate will be the commercial legal interest rate pursuant to the Commercial Act or the mutual finance’s interest rate on household loans*, whichever is higher.
• * the most recent weighted average loan interest rate of non-banking financial institution announced by the Bank of Korea on a daily basis (based on new loans).
• If the loan is too excessive compared to your solvency, your credit rating may fall.
• A fall in your personal credit rating may lead you to experience disadvantages related to financial transactions.
• If the loan is overdue for a certain period of time, you may be obliged to repay all loans for which the payment date has not arrived.

여신금융협회 심의필 제 2020-L1h-05841호(2020.07.02)