កម្ចី

ប្រាក់កម្ចី Borrowing money

 

1. Choose the most suitable loan that matches your needs

 

There’re different loans from different financial institutions and some loans have specific purposes such as home loans and car loans. Find the best loans on our site!

 

 

2. Compare conditions

 

Each institution offers different conditions, interest, loan amount. Usually conditions include, over 18 years old, have collateral, have regular income and so on.

 

3. Check if you can pay back

 

It’s more important to know whether you can repay than whether you can borrow. You can calculate how much in total you will repay with loan calculator (coming soon!). Ideally the loan amount is less than 25% of your monthly income. For example, if your monthly income is 500 USD, the amount to repay monthly should be less than 125USD.

 

4. Extra attention if you already borrowed money from different banks/MFIs

 

Another point the bank assesses is your loan from different bank if you have.

 

They know you very well; not only your name and address but your credit history such as how much you borrowed from which institution and how much you repaid.