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 better chance of accessing a loan.
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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: ...
Loan Top-up
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 ...
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 ...
Reduced Loan Offer
Unfortunately, you are not currently eligible for a higher loan due to the unsatisfactory repayment record on your previous loan. We will kindly suggest you apply for the loan offered and make on-time repayment to increase your credit score.
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. ...