Great News! Le Wagon China has partnered with a few financing institutions to offer you the ability to pay for your education so that you can progress in your personal development.
If you want to apply for a personal loan in China without breaking the bank, there are some options for you! Le Wagon students can get up to 49,000 RMB on a loan. The loan process is simple, easy and affordable. Find all the details below:
Chailease International Finance
Company introduction: Chailease International Finance Co., Ltd. (CIFC) was established in 2005 in Shanghai. They provide professional financial solutions to customers and our main services are equipment leasing, Sale-and-leaseback, factoring etc.
Application item: Apply to all courses in Le Wagon China 1.Data science 2.Web development 3.Part-time product development
Loan amount: As low as 20,000 and up to 49,000 RMB Payment plan: 12 months, 18 months, 24 months. Nationalities: Chinese citizens, other nationalities are waiting to be confirmed. Applicant conditions: 22-65 years old Application materials: The instalment form filing, ID card, Bankcard. How to apply: Please contact our city manager for more information. Interest: 11%
Are foreigners eligible? Yes... and no. To be clear, foreigners can get this loan if they match ANY of these 3 requirements: 1. Have a Chinese Spouse 💍 2. Have a Chinese Credit Card 💳 3. Have a Property Ownership Certificate (also applicable to the spouse) 🏘️ Foreigners can only apply for the 12-month plan
For Chinese citizens, there are some other options for you if you want to apply for a personal loan in China. Please find the details below.
Baidu - Du Xiaoman Financial
Company introduction: In April 2018, Baidu's financial services business group officially completed the signing of a split financing agreement and launched a new brand "Duxiaoman Financial" to achieve independent operation. Baidu established a financial services business group on December 14, 2015, under the overall responsibility of Baidu's senior vice president Zhu Guang, using artificial intelligence technology to deploy in the financial field. At present, Duxiaoman Finance has completed the consumer credit and wealth management products and services through "Wealthy Flower", "Duxiaoman Financial Management", "Duxiaoman" Wallet, and "Panshi Jinke Platform", "Only Voice Robot" and other payment and financial technology services.
Application item: Apply to all programs in Le Wagon China 1. Data science 2. Web development 3. Part-time product development
Loan Amount: Le Wagon students can get up to 30,000RMB. Payment plan: 3 months, 6 months, 12 months and 18 months. Nationalities: Chinese Only 🇨🇳 Applicant conditions: 22-65 years old Application materials: Students must link their Chinese ID card number on the app. A passport or HK/MO/TW ID number is not accepted.
How to apply： 1. Sign Le Wagon bootcamp training contract 2. Download Baidu App and apply for loan（The review process will be done within 10 minutes.） 3. Reviewal and confirmation by Baidu
Interest: INTEREST ONLY in the first 6 months 📆 Students can just pay the interest during the first 6 months, then start paying back their loan. With 6+6 plan, the total interest is 5,328RMB, the annual rate is 17.76% With 6+12 plan, the total interest is 7,182RMB, the annual rate is 15.96%
Apps like 蚂蚁借呗(Alipay)，微粒贷(Webank)，有钱花(Baidu)，京东金条(JD finance) offer fast and easy personal loan options, with a daily rate range of 0.015%-0.06%, the application usually requires APP credits or bank debit card. Each platform has various application requirements that can be found online.
Some banks offer a lower rate than APPs but barriers are higher. 中银E贷(BOC),融e借(ICBC),平安易贷PING'AN have an annual rate among 4.35%-7.2%, usually need proof of assets, property proof and salary info for final review.
Welcome to contact different cities’ managers for more details about the loan and jump-start your life-changing journey with Le Wagon China!
Alex Shenzhen city manager WeChat：smithalexvt14 E-mail：email@example.com Call：+86 15618653272