Hyundai Card Launches Financial Sector's First 'Personal Business Loan Comparison Service'

Comparison and Application of Loan Terms for Hyundai Capital, BNK Capital, SBI Savings Bank, OK Savings Bank, and Welcome Savings Bank

[Asia Economy Reporter Ki Ha-young] Hyundai Card announced on the 26th that it has launched the 'Personal Business Owner Loan Comparison Service,' the first of its kind in the financial sector.

Designated as an innovative financial service by the Financial Services Commission, this service allows personal business owners to easily compare and apply for various loan products without any additional cost.

The usage method is simple. By entering just four pieces of information?name, resident registration number, mobile phone number, and business registration number?users can immediately check loan options. When authenticated with a public certificate, income documents from the National Health Insurance Service and the National Tax Service are automatically verified, enabling users to receive accurate screening results without submitting separate documents.

Through Hyundai Card's Personal Business Owner Loan Comparison Service, users can check loan interest rates and limits from five financial institutions: Hyundai Capital, BNK Capital, SBI Savings Bank, OK Savings Bank, and Welcome Savings Bank, and apply for loans. This convenience means personal business owners do not need to visit each financial institution's branch or website individually to compare and apply for loans.

Additional financial benefits are also provided through data analysis. Hyundai Card has independently built an evaluation system based on data analysis of business sales, business longevity, customer visit patterns, and geographic information. Business owners who receive excellent evaluations from this analysis are offered interest rate discounts and additional loan limits by participating financial institutions.

Moreover, if sales occur within the merchant using Hyundai Card, loan repayment can be requested using card sales proceeds. Customers who choose this repayment method are also offered an additional interest rate discount of 2?4 percentage points.

A Hyundai Card representative stated, "We have launched the first loan comparison platform exclusively for personal business owners in the financial sector," adding, "We plan to continuously expand participating financial institutions and diversify the services."

This content was produced with the assistance of AI translation services.