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BDO Personal Loan – Is Collateral / Guarantor Required in Applying For It?

Guide on Whether A Collateral / Guarantor is Needed in Applying for BDO Personal Loan or Not

BDO PERSONAL LOAN – Here is a guide on whether a collateral or a guarantor is required in applying for the said BDO Unibank loan offer or not.

A lot of people now are dealing with financial problems on a daily basis. Sadly, many are not aware that the options and solutions may just be around the corner. One may actually turn to government agencies, lending companies, and banks for some quick cash.

One of the banks where you can obtain some quick cash is the BDO Unibank. It is a trust banking giant in the Philippines and it has several loan offers – from deposit and savings accounts to investment products to loans and a lot more.

With regards to its loan offers, you may apply for the BDO Personal Loan if you are looking for a multi-purpose one. You may apply for it to simply make ends meet until the next payday arrives, to pay for the bills, to purchase a gadget, to travel, to pay for the hospital bills, etc.

BDO Personal Loan

Who are eligible to apply for the said BDO loan offer?

Government agencies, banks, and lending companies set eligibility qualifications in applying for loans. With regards to BDO’s loan offer, to be eligible to apply for it, the applicant must be:

  • a Filipino citizen or a foreigner who is residing in the country for at least two (2) years up to the present
  • at least 21 years old but not more than 70 years old upon the loan maturity
  • employed or self-employed with a stable source of income
  • having contact numbers (mobile number + residence / office landline number)

In applying for BDO Personal Loan, there is no need for a collateral. Also, a guarantor is not needed in applying for the said offer.

Do you want to know how much you can borrow under it? You may visit – BDO PERSONAL LOANS – How Much You Can Borrow Under It.

You may also want a guide in applying including the requirements that you must prepare. Feel free to visit – BDO PERSONAL LOAN: How To Apply For Personal Loan To Banco de Oro.

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: APPLY BDO PERSONAL LOAN – How Much Is the Required Annual Income

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