Home Credit Loans – Can I Apply For Another Loan If I Have Existing Loan?

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Guide on Whether You Can Avail Multiple Home Credit Loans At the Same Time

HOME CREDIT LOANS – Here is a guide on whether you can apply for another loan to Home Credit Philippines if you have an existing loan or not.

The Home Credit Philippines have rapidly rose to fame. Undeniably, it is because of the excellent and timely offers of the said lending company. It has assisted a lot of people not only in achieving their target items but as well as in obtaining financial assistance for other purposes.

The main offers of Home Credit are the product financing services and the cash loan. These two (2) are widely sought by the clients.

Home Credit Loans

In the case of the product financing services, the lending firm may help you buy your target gadget, appliance, furniture, etc. You only need to prepare for the downpayment which is usually at least 30% of the selling price of the item. Home Credit will pay for the remaining balance. You can bring home the item and pay for it in installment.

With regards to the Home Credit Cash Loan, you may borrow an amount of money from the lending firm to pay for the hospital bills, to travel, to fund a semester, etc. You may also apply for it to purchase something that is not sold in any of its partner stores.

Do you want to know how much you can borrow under it? Feel free to visit – HOME CREDIT CASH LOAN – Minimum & Maximum Amounts You Can Borrow.

Can I Apply For Another Loan If I Have Existing Loan?

With regards to the availability of having multiple Home Credit loans at the same time, it depends. You may apply for a product loan and get approved then take a cash loan offer from the lending firm shortly after you made a product loan but the case for similar loan types may be different.

If you have an existing product loan, it has to be finished first before you can apply for another product loan. The same is applied in the case of cash loan unless there is an offer from the lending company.

Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.

READ ALSO: HOME CREDIT LOAN FEES – Guide on Fees & Charges Under Home Credit Loan

34 thoughts on “Home Credit Loans – Can I Apply For Another Loan If I Have Existing Loan?”

  1. My 2nd time loan finished already since November…I already call Home Credit to avail again cash loan but until now there’s no response. My record checked already when I called…..and I’m qualified for my 3rd loan. But until now I’ve got no advise. I’m waiting…thank you.

    Reply

    • i want to apply a loan. i finished my iphone loan a long time ago. and its a good records. but why home credit didnt allow me to have cash loan or reloan?

      Reply

  9. I want to apply cash loan 28k same what you offer in my gmail account unfortunately when I go to royal mall bayambang,pangasinan to apply ..your offer was already expired…

    Reply

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