Guide on How To Apply for Home Credit Cash Loan 2024 via Hotline & the Requirements
HOW TO APPLY FOR HOME CREDIT CASH LOAN? It can be done through the hotline sent to you by the consumer finance product provider.
Did you receive a cash loan offer from Home Credit Philippines? It can be the financial solution that you are looking for. It can address multiple financial needs under a single loan as you can borrow as much as Php 150,000 depending on the loan offer.
The loan amount and the loan term are important factors in the interest rate that the Home Credit will implement. The monthly interest starts at 2.32% add-on rate.
How to apply for the loan offer? It is best to know first the eligibility and documentary requirements in applying for the loan offer. Here’s a guide:
Qualifications. For qualification to the loan offer, here are the eligibility requirements that the loan applicant must meet to qualify for the loan offer:
- a Filipino citizen
- at least 18 years old but not more than 68 years old
- with valid proof of identity
- with a stable source of income from any of the following:
- employment
- business
- monthly pension
- regular remittance
Documentary Requirements. With regards to the documents required by the lender in applying for the loan offer, here are the requirements you must prepare:
- duly-accomplished and signed Home Credit Cash Loan Online Application Form
- one (1) valid Primary ID or two (2) secondary IDs
Primary ID
- Unified Multi-Purpose ID (UMID)
- Philippine Identification Card
- Driver’s License
- Postal ID (New)
- Professional Regulation (PRC) ID – Secondary ID with Address Required
- Voter’s ID
Secondary ID
- Postal ID (Old)
- Barangay Certificate
- NBI Clearance
- Phone Bill
- Electricity Bill
- Water Bill
- Mobile/Internet/Cable Bill
How To Apply for Home Credit Cash Loan 2024 via Hotline? One of the ways to apply for the loan offer is through the hotline. You can make a call to the Home Credit Hotline indicated in the SMS/Email/Push Notification offer sent to you by the lender.
The loan application may be approved in as fast as one (1) minute. In case the loan application is rejected, you may apply again upon receiving another cash loan offer. All loan applications are subject to the approval of the international consumer finance product provider.
Releasing. If the loan application was approved, you can choose between a bank transfer or a cash pick-up for the releasing of your loan application. For the latter, you will be sent a reference number that you must present in claiming the loan proceeds:
Bank Transfer
- Bank of China
- China Bank Savings, Inc.
- China Banking Corporation
- BDO Unibank Inc
- Land Bank of the Philippines
- Bank of the Philippine Islands
- Development Bank of the Philippines
- Union Bank of the Philippines
- Security Bank Corporation
- Asia United Bank Corporation
- East West Banking Corporation
- Robinsons Bank Corporation
- Philippines Veterans Bank
Cash Pick-Up
- Cebuana Lhuillier
- USSC
- LBC
- Bayad Center
- Metrobank
Repayment. How about the loan repayment? The range of the loan term is from 6 months up to 60 months. Here are the options in paying for your loan amortization:
- Auto Debit Arrangement
- Bank of the Philippine Islands (BPI)
- Metrobank
- UnionBank
- Rizal Commercial Banking Corporation (RCBC)
- BDO Unibank
- Security Bank
- Philippine National Bank (PNB)
- EastWest Bank
- Pay through the Mobile App
- Pay through the Website
- Pay Over-the-Counter
- 7/11
- Palawan Express
- USSC
- Asia United Bank (AUB)
- Cebuana Lhuillier
- Touchpay
- MLhuillier
- Bayad Center
- RCBC Over-the-Counter
- BDO Over-the-Counter
- Digipay