NH Investment & Securities Launches Stock-Backed Loans on Toss Loan Comparison Service... First Among Securities Firms

NH Investment & Securities announced on September 25 that it has become the first securities firm to offer a stock-backed loan product on the loan comparison service operated by Toss.

Through this partnership, Toss users can now easily check and apply for a new financial solution that allows them to secure small living expenses without having to sell their stocks.

NH Investment & Securities introduced this service to provide an option that meets the needs of customers who want to maintain their assets while responding to unexpected expenses or living fund requirements. Customers can secure funds at lower interest rates compared to high-interest credit loans from secondary financial institutions, reducing their financial burden. In addition, the Toss app enables users to conveniently and efficiently compare loan conditions from a variety of financial institutions-including banks, credit card companies, insurance companies, capital firms, savings banks, and securities firms-all in one place, making financial decision-making easier and more effective.

Any individual customer who holds a NAMUH (NH Investment & Securities' mobile service) account is eligible to use this service. The loan interest rate varies depending on the loan usage period. After checking conditions through the loan comparison service within the Toss app and selecting the NH Investment & Securities product, customers can complete the agreement, application, and execution seamlessly within the NAMUH mobile trading system.

Kang Minhun, Head of Digital Business at NH Investment & Securities, stated, "Through this collaboration with Toss, we are now able to offer customers a flexible option to secure living funds based on their assets, without having to sell their stocks." He added, "As the entire process from loan inquiry to execution has become significantly more convenient, we will continue to expand partnerships with platforms frequently used by customers to further enhance financial convenience in everyday life."

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