Hana Capital Launches Direct Auto Loan for Used Cars... Annual Minimum Rate 4.9%

Auto Platform 'Moldeonka' Partnership
Lowest Annual Interest Rate Benefit of 4.9%

[Asia Economy Reporter Ki Ha-young] Hana Capital announced on the 31st that it has launched a direct auto loan exclusively for used cars targeting users of the auto platform 'Moldeonka' through a partnership with the platform.

The direct auto loan is a financial product launched on the 26th of last month through a partnership between Hana Capital and Moldeonka, the largest auto platform in the Honam region. It offers low-interest benefits and convenient financial services to customers purchasing used cars through Moldeonka.

Users of the Moldeonka platform can select their desired used vehicle and apply online by entering vehicle and personal information, enabling them to use the direct auto loan starting from a minimum interest rate of 4.9% per annum. Additionally, consumers can check their loan limits and access loan services anytime and anywhere via mobile.

A Hana Capital official stated, "In line with the digital era, we plan to continuously provide digital services and benefits that customers can easily and conveniently use by strengthening our own online channels and expanding partnerships with other online platform companies."