When Applying For LendingEdge Loans
Before the applicant hereinafter called the “Borrower” is approved by LendingEdge Solutions hereinafter called the “Lender”, applicants must abide by the conditions outlined below:
-
Applicants must be currently Employed
-
Applicant must have a minimum monthly income of 20,000vt and above.
-
Applicants must supply proof of employment
-
Applicant must have minimum work experience of three months
-
Applicant must have a bank account in working condition
-
Applicant must attach proof of ID
-
Applicant should be above 21 years of age.
​
DOCUMENTATION REQUIRED
-
Proof of employment [Employment confirmation letter] at least for your first application
-
Proof of identity [VNPF card]
-
Recent Bank Statement
-
3 Latest payslips
LENDINGEDGE SOLUTIONS LOAN APPROVAL PROCESS
1
Receive Completed Loan Application Form
2
Review Loan Application
3
Loan Approval
4
If denied the customer shall be notified & that's it.
If denied the customer shall be notified & that's it.
if accepted the customer shall continue with the process.
5
Approve Loan Amount
6
Prepare Documents
7
Customer Signs Loan Repayment Agreement and Standing Order Form
8
Enter in Accounting System
9
Disburse Funds
10
Borrower Repays the Loan
11
Lender Uses Repayment to fund new loans