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About Honest fund

HonestFund, one of South Korea's largest marketplace lending companies, was founded in 2015 and has grown significantly in the fintech space. The company uses a proprietary credit assessment model based on big data to provide lower interest rates to individuals and corporates who face difficulties obtaining loans from traditional banks. As of 2018, HonestFund had processed over $300 million in cumulative loans and experienced a quarterly growth rate exceeding 54%.

Amount

₩1,000 - ₩1,000,000

Tenor

1 - 36 months

Min. approval time

24 hrs

Countries

Created on

December 2024

Last updated

December 2024

Requirements

The basic requirements to apply for a loan on Honest fund include:

  • •   Age 19 and above
  • •   Korean National ID
  • •   proof of income
  • •   residential address

How to Apply

To apply for a loan with Honest fund, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.


This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.

Contact

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