Guide on Checking Your EastWest Bank Auto Loan Accrued Interest
EASTWEST BANK AUTO LOAN – Here is a guide on how to check the accrued interest of your EastWest Bank loan.
The COVID-19 pandemic has affected a lot of households. Many people unfortunately lost their jobs and source of income amid the crisis in the Philippines.
Many businesses were not able to withstand having no operation for several weeks under community quarantine measures. The said measure is an effort to curb the spread of COVID-19 by limiting the movements of the people.
Some employers decided to close their businesses as they keep on paying rent and coping with other expenses but they have no returns. Due to it, a lot of employees also lost their jobs.
Amid the community quarantine measures, loan payments were deferred by several entities including banks. It usually applies to areas under the Enhanced Community Quarantine (ECQ) and Modified ECQ.
One of the banks that deferred loan payments amid the ECQ and MECQ is EastWest Bank. It applies to clients with outstanding loans including the EastWest Bank Auto Loan.
Do you want to check the accrued interest for your EastWest Bank Auto Loan? You have to prepare the following information:
- Outstanding Principal Balance
- No. of Deferred Monthly Amortizations
- Contractual Interest Rate
To check on it, you may visit – www.eastwestbanker.com. Please note that the computed amount is “indicative” as it will depend on the information you input. It may give you an estimate and you can communicate with the bank for the final amount.
Thank you for visiting our website. We hope we have helped you with regard to this matter. You may keep coming back for more informative guides. You might also check all the loan offers of the bank.