Phone in hand - receive immediate support of up to 10 million Vietnamese dong through the Cashberry app

Cashberry - quick, convinient 24/7 online loans solution

CashBerry is a financial company, providing an online loan consultation service that is fully automated, disbursed within the day.

Loan term, days

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Payment date: 1
To return: 1 ₫

The conditions for applying for a loan at Cashberry

4 easy steps to register for a loan

1
Filling in the registration form
Provide a phone number and fill in personal information. Register and send request for a loan.
2
Getting approval and Signing an Agreement
The approval results will be anounce via phone call. Only need to log in to Personal account and sign an Agreement.
3
Receive money
After the application is approved, our partner will transfer the money to your account.
4
Repayment
Make repayment to our partner according to the instructions.
Loan
Loan
with flexible terms at CashBerry
  • Term:
    Term: min 92 days, max 183 days
  • Loan limit:
    Loan limit: 100 000 - 5 000 000 VND
  • Interest rate:
    Interest rate: 10,95 - 14,6 %/per annum
Get loan
  • Term:
    Term: min 92 days, max 183 days
  • Loan limit:
    Loan limit: 100 000 - 5 000 000 VND
  • Interest rate:
    Interest rate: 10,95 - 14,6 %/per annum

With small limits, installment loans are mostly provided by private institutions. Fast, easy, but, is the daily installment loan service safe?

You are in need of a loan and want to learn about the installment loan service , but do not know how to borrow as well as related information? The following article will help you better understand about daily installment loans .

What is a daily installment loan ?

Daily installment loan is a form of unsecured loan (no collateral required) or mortgage (with collateral) for consumption, business purposes, etc.

This type requires the customer to pay the amount including principal and interest daily for a certain period of time. Normally, every day, a credit officer will come to the place to collect money.

Advantages and disadvantages of installment loans by day

Advantages

● Many credit institutions offer daily installment loans      

Currently, you can easily access money from the way organizations and individuals lend in installments on a daily basis. Most of these units lend quite quickly and easily.

● Loans without collateral or proof of income      

When taking out an unsecured day loan , you won't need to prove your income or mortgage any assets. With just an ID card and household registration, you can borrow from a few million to several tens of millions of dong.

● Quick procedure      

Because it does not require complicated procedures, the daily loan process is quite fast. Borrowers can receive disbursement within the same day to solve financial difficulties.

Limit

● High interest rate      

Because the loan period is fast, the interest rate of the daily installment loan also increases. You can search many loan units by day installment, then compare, evaluate and find the address with the lowest interest and fees to borrow.

● Risks from unscrupulous credit institutions      

The form of installment loans was born partly to meet the urgent needs of many customers, but there are still fraudulent lending organizations in the market. The hallmarks of these organizations are:

- Not transparent about interest rates & service fees

- No clear Business License

- High interest rate (over 20%/year) 

Besides advantages such as fast and simple loans, daily installment loans often have limitations such as high interest rates, easy to fall into the black credit trap

Besides advantages such as fast and simple loans, daily installment loans often have limitations such as high interest rates, easy to fall into the black credit trap

Procedure for lending money every day

Basic profile:

● Sample loan application form available with 3 x 4 card photo (1-2 photos)      

● ID card / ID card and household registration / KT3 photo (original with forms of borrowing according to ID card / household registration)      

● Proof of residence: SHK, electricity/water/internet bill      

● Marriage certificate or marriage certificate/ Single      

● Proof of income: Salary statement, labor contract, salary certificate of the last 3 months, ...      

Borrower:

● Citizens with Vietnamese nationality, age 20 - 60      

● People who have just started working, have been working for a long time but have no labor contract      

● Students who are studying or have just graduated without a job      

● Household      

● Having bad debts at banks or other financial institutions      

● ...      

Daily installment loan limit

Depending on the financial unit, the daily loan limit is different. Most units lend with a maximum limit of 20 million.

Based on the borrower's needs and creditworthiness, the lender will have certain approval limits. However, in order to reduce the pressure when paying interest as well as to balance your finances in the best way, you should borrow an amount that is suitable for your financial capacity.

Please learn carefully the information of the lending institution, calculate the debt repayment ability

Please learn carefully the information of the lending institution, calculate the debt repayment ability

Should I borrow on installments ?

Besides advantages such as fast and simple loans, daily installment loans will have problems. For example, lenders often offer very attractive interest rates, but do not specify the conditions attached and the time when customers can enjoy that interest rate.

In fact, the preferential lending interest rate is only for the first few days, then a very high interest rate will be applied ranging from 240% - 360%/year (equivalent to 20 - 30%/month) making the borrowers " Unable to keep up".

Besides, most of the day-to-day lending units are private, it is not clear whether they are licensed to operate in accordance with the law or not. In the event of a dispute or fraud, it will be difficult to receive the support of the competent authority.

On the other hand, if the loan is not paid on time, customers and relatives will be "mentally terrorized" by the debt collection department of the lending organization by calling, texting, or even going directly to their home or work. debt collection.

Because of the above reasons, you should only borrow daily installments in case you need money urgently but cannot borrow from relatives, banks or reputable financial companies . Or if you want to borrow on installments, you should research the lender carefully, ask all the information before deciding.

If you do not know where to borrow money, both safe and reputable, and disbursed quickly within the day, you can choose to borrow money online at CashBerry .

Borrowing money only with ID card at CashBerry is not only easy but also fast

Borrowing money only with ID card at CashBerry is not only easy but also fast

CashBerry is a financial company specializing in providing short-term loans from 7 - 20 - 30 days with a limit of 1 - 10,000,000 VND. Features of the online loan package at CashBerry are:

● Super fast loan with just ID card      

● Register via website cashberry.vn or CashBerry app on CH Play      

● No mortgage, no proof of income, no long wait      

● Easy loan, bad debt is still approved      

It can be said that compared to personal loans, online loans through financial companies will be more secure. Although the limit is not too high, it can help you solve your daily consumption problems quickly.

Above is the information about the form of daily installment loan that we want to share with you. Hope you will find a fast and safe money lending address. Remember, no matter where you borrow money, plan to pay on time, avoiding unpredictable consequences.

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