Minimum Annual 3.14%... K-Bank Special Credit Loan Offer for Medium and Low Credit Borrowers

KakaoBank announced on the 7th that it will offer a special sale of credit loan products for medium- and low-credit customers at an interest rate as low as 3.141% for about a month until the end of this month.

The products eligible for the special sale are credit loan products for medium- and low-credit customers (KCB score 865 points, bottom 50% credit rating), including three types: Medium Credit Loan, Medium Credit Plus Loan, and Medium Credit Emergency Loan.

The special sale period lasts until the 30th, and medium- and low-credit customers who receive credit loans during this period can benefit from an average interest rate discount of 30bp (1bp=0.01%) from the existing rate. As of this date, the Medium Credit Loan is available from a minimum of 3.141%. The interest rate for the Medium Credit Loan ranges from 3.141% to 10.876% per annum.

The special sale products can be subscribed to on the 'Credit Loan/Medium Credit Loan' and 'Emergency Loan' pages within the KakaoBank application. Suitable interest rates and limits will be applied according to the loan applicant's loan requirements and credit status.

During the same period, KakaoBank will support up to 30,000 KRW of the first month's interest for medium- and low-credit customers who receive this special loan. The first month's interest will be paid to the customer's KakaoBank account under their name, and no separate application is required.

A KakaoBank representative stated, "We have prepared this special sale and interest support event to ease the interest burden on medium- and low-credit customers who are facing difficulties," adding, "We will continue to do our best to provide financial support to medium- and low-credit customers based on competitive interest rates and convenience."

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