What happens when I apply for a Samsung Finance loan?

  • After you submit your application, we’ll check whether you will be eligible for a loan and notify you of the rate of interest and APR that is available to you.
  • We’ll then ask you to sign a credit agreement and provide you with the information that you should rightfully have prior to obtaining a loan.
  • We’ll provide the credit stated in your credit agreement. We do this by applying the total amount of credit specified in your credit agreement (the “Amount of Credit”) in payment or partial payment of the cash price of the Financed Equipment you have chosen, together with any related delivery charges and Samsung Care+ cover (if applicable) as shown in your credit agreement.
  • We’ll provide this credit once Samsung has notified us that all the Financed Equipment you have purchased under your credit agreement has been delivered to you.
  • No money will be transferred to you.
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