How can I get a better loan offer?
To get a better loan offer you should do the following:
Providing your bank statement gives us more financial information about you.
Ensure your details are up to date.
Your credit history with Carbon and other lenders can affect your loan offer. Therefore, it is important that you have a clean credit history.
You can also typically get a higher offer if you perform the bulk of your transactions with Carbon.
Ensure that you are on KYC level 3 to avoid restrictions.
A loan top-up is accessing additional funds on a multiple installment facility after paying a certain number of installments on time for an extended period at the same rate. How do I get a top-up ? You need to have a current loan within a 3- 9 months ...
Available Loan Offer
a. Loan Offer is calculated based on the verified data from your information and current risk profile. b. The loan amount, duration and interest rate at any time depends on your profile and the information you provided in the application. . Note: ...
How do I apply for a loan?
After downloading the app, sign in to identify yourself by providing your personal and financial information on your profile to get your Carbon account upgraded to KYC level 2, which is the minimum level required to access a Carbon loan. Once done, ...
How do you calculate the loan offer?
Your profile and the details you provide in the application will determine the loan amount, duration, and interest rate at any given time. When applying, we'll advise you to keep your profile updated. Linking your bank statement details gives you a ...
How long does it take for Carbon to approve a loan?
Carbon is known for its quick loan approval process. Typically, loan applications can be approved within minutes once all required information is submitted. However, the actual time it takes for your loan to be approved may vary depending on the ...