Credit Card Loan for Foreigners

SMBC Consumer Finance, a member of the SMBC Group, provides this card loan service. In addition to low borrowing interest rates, it offers same-day loans in as little as 3 minutes by applying online. ^(*1)It also accepts applications from foreigners. The possibility of lost cards is low because you can complete all processes online. Moreover, it is well known for its quick loan speed. The interest rates are 4.5% to 17.8%, and the maximum available amount is up to 5 million yen. First-time customers can borrow without interest for 30 days from the next day of the first use. Registration of the e-mail address and web statement is necessary for the promotion.
Borrowing and repayment are commission-free with SMBC or Promise ATM at any time. Seven Bank, Lawson Bank, and E-Net ATMs are also available. Income proof and guarantor/collaterals are unnecessary if the loan is less than ¥500,000. Having a residence card, foreigners without permanent residency in Japan can also apply. For foreigners considering taking out a card loan, Promise is one of the worthful services.
Many of the reasons for the rejection of Promise card loan applications are due to incomplete application or input mistake. Annual income must always be stated in terms of face value (* entering net income may be considered as providing false information). Additionally, entering a personal mobile phone number in the workplace phone number field is not permitted. For temporary staff, the workplace should be listed as the temp agency, not the company where they are assigned. Keeping the desired loan amount as low as possible when applying can make it easier to pass the review process. Input mistake or providing false information can lead to rejection, so be careful when applying for a Promise card loan.
*1 Depending on the specific circumstances of the application, cannot guarantee that it will be approved through the review process.

You can take a one-second test on the website to see if you can get a loan. You can apply online 24 hours a day, 365 days a year. The screening process takes as little as 20 minutes ^(*1). Same-day loans are available at the earliest. (*Depending on the time of day, this may be the next business day.) In addition to borrowing from Aiful ATMs and affiliated ATMs, you can also transfer funds to your bank account. By downloading the dedicated app, you can borrow and repay at Seven Bank ATMs or LAWSON Bank ATMs 24 hours a day in principle. Card loans provided by consumer finances have an image of high interest rates. However, you can borrow without any interest for up to 30 days from the day after the first contract date. Foreigners without permanent residences can also apply for this service. Thus, it is valuable for foreigners who need an urgent loan or uses a credit card loan for the first time.
*1 Depending on the specific circumstances of the application, cannot guarantee that it will be approved through the review process.

Mitsubishi UFJ Bank, one of the leading Japanese banks, provides this loan. The interest rates (1.8% to 14.6%) and the maximum credit limit (5 million yen) are the highest standards in the industry. The necessary status is a permanent residency with the ages of 20-year-old to 65-year-old. You can apply for it online 24 hours a day, 365 days a year. Since you do not need a Mitsubishi UFJ Bank account to apply for a loan, it is more convenient than other bank card loans that require you to open an account. Furthermore, there are no fees for using Mitsubishi UFJ Bank ATMs anytime and any number of times when making repayments. It is one of the most recommended card loans for foreigners who care about interest rates and trustworthiness.

It is one of the safest credit card loans for beginners because there is no interest for 30 days from the day after the contract date for first-time card loan users. You can apply it anytime online. They decide whether or not you are eligible for getting a loan in 3 seconds as entering your age, annual income, and credit card debt status. The screening takes as short as 30 minutes if you apply during business hours. Therefore, it is helpful when you need a loan in a hurry. If you pass the screening, you can use the loan as many times as you like within the limit of the amount you can borrow.

The main characteristics of this service are low-interest rates and flexible repayment methods. If you meet the prescribed conditions, the interest rate decreases a maximum of 0.6% lower than the applicable annual interest rate. Although the screening process is rather strict, temporary or part-time workers can apply as long as they have permanent residency and stable and continuous income. To use the loan, you need to open a bank account of Sumishin SBI Netbank. If you apply for both a card loan and a bank account at once, you can use AEON Bank ATMs and convenience store ATMs (Seven Bank, Lawson, and E-Net) without ATM usage fees. Even though instant loans are unavailable, you can use them for low urgency things, such as lessons, car purchases, and education funds. If you are considering a bank card loan, you should add it to the list of candidates.