HSBC Personal Loan – Is Collateral / Guarantor Needed in Applying?

Guide on Whether Collateral or Guarantor Is Needed in Applying for HSBC Personal Loan or Not

HSBC PERSONAL LOAN – Here is a guide on whether a collateral or a guarantor is needed in applying for the said loan offer of Hongkong and Shanghai Banking Corporation.

Have you ever been in that situation where you ran out of cash and it seems like no one can lend you? When times like this happen, you must remember that there are several entities that you can run to.

In the Philippines, there are several banks and lending companies that are ready to provide financial assistance to the people. One of them is Hongkong and Shanghai Banking Corporation or more commonly called as HSBC.

For a cash loan, you may turn to the HSBC Personal Loan offer. It is a multi-purpose loan that can aid you in making ends meet, paying for the utility bills, making a huge purchase, traveling, funding an event, etc.

HSBC Personal Loan

Under the said HSBC loan offer, you may borrow from Php 30,000.00 to Php 500,000.00. The loanable amount is subject to the approval of the bank. To be eligible for the said offer, the applicant must be:

  • between 21 to 60 years old
  • employed, self-employed, or a professional with a stable source of income
  • having a credit card
  • having contact details

Is a collateral or a guarantor needed in applying for HSBC Personal Loan offer? There is no need for such. You only have to pass the eligibility qualifications and submit the requirements in applying for this loan offer.

The HSBC has set a required income in applying for this loan offer. You may visit – HSBC PERSONAL LOAN – How Much Is Required Income in Applying.

Do you want to apply for it? For a guide on the process and the requirements that you must prepare, you may visit – HSBC PERSONAL LOAN – How To Apply For It to HSBC Bank.

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: HSBC LOANS – Full List of the HSBC Loan Offers You May Apply For

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