Guide on Whether A Collateral / Guarantor is Needed in Applying for EastWest Bank Cash Loan or Not
EASTWEST BANK CASH LOAN – Here is a guide on whether a collateral or guarantor is required in applying for the personal loan offer of EastWest Bank.
One of the banks with a personal loan offer is EastWest Bank. Undeniably, this type of loan offer is widely sought by a lot of people due to its excellent features. Most personal loans got high loanable amounts, flexible payment terms, and are multi-purpose.
You may apply for a loan to make ends meet, to renovate your house, to get your car repaired, to pay for the utility bills, to purchase a gadget, etc. Also, this type of loan offer usually has minimal requirements.
In terms of requirements, there are eligibility qualifications and documentary requirements that must be met. To be eligible for the EastWest Bank Cash Loan, the applicant must be:
- a Filipino citizen or a foreign national permanently living in the Philippines
- between 21 to 65 years old
- having a fixed landline number and mobile number
- earning at least Php 15,000.00 monthly or Php 180,000.00 annually
Are you wondering if a guarantor or a collateral is needed in applying for EastWest Bank Cash Loan? Based on an article on eCompare Mo, there is no need for a collateral or a property in applying for this loan offer. Also, a guarantor is not part of the requirements in the application.
Do you want to know how much you can borrow under this loan offer? Feel free to visit – EASTWEST BANK PERSONAL LOAN – Minimum & Maximum Loanable Amounts.
With regards to the interest rates implemented under this EastWest Bank loan offer, it depends on whether the client is a credit card holder or not and the loan term chosen. The application may be done personally or you may also do it online.
Do you want to apply for the said loan offer? For a guide, you may visit – EASTWEST BANK HOME LOAN – How To Apply & Requirements To Prepare.
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: EASTWEST BANK LOANS – List of Loan Offers of EastWest Bank