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07/10/2022

Customers want to pay part of the principal or all of the principal (early settlement), what procedures must be followed?

After transferring money, please send to LFS one of the following two documents to complete the request for early repayment (take a picture of the document sent via email or Zalo of LFS)

1. A written request for principal reduction/early liquidation with the signature of the Owner/Co-borrower matching the signature on the Credit Contract, or

2. Money transfer authorization with the signature of the Owner/Co-borrower matching the signature on the Credit Contract.

*Note for early settlement request:

– If Customer buys a car at a dealer in Ho Chi Minh City area: after 1 day of payment, you can bring the original ID card and payment slip to the LFS office to complete the procedures for liquidation of the Contract and receive the Sign back. original signature.

– If Customer buys a car at a dealer in another area (not in Ho Chi Minh City): Within 3 working days (from the date the deposit is in LFS account and LFS receives all valid documents), will staff will contact you to get back the original registration at the dealer where the customer bought the car.

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