Guide in Enrolling Home Credit Cash Loan Account to BDO Auto Debit Arrangement
HOME CREDIT CASH LOAN – Here are the steps on how to enroll your account to a BDO Unibank Auto Debit Arrangement (ADA).
When it comes to cash loans, one of the most popular providers in the country is Home Credit Philippines. Countless Filipinos were able to find quick financial solutions through the offer extended to them by the trusted entity.
Home Credit rose to prominence in the Philippines because of its product loan offer. Meanwhile, through the years, it continued to expand its offer adding several services including a multi-purpose loan offer that can provide you with a financial solution to multiple needs.
The HC cash loan offer is usually extended to existing and previous clients with good credit records. Thus, there is really a benefit in maintaining an updated record to the lender.
You may apply for the Home Credit Cash Loan offer online, at a partner store, or through a phone call to the hotline number sent to you by the lender. Once you have successfully borrowed some money from HC, it is best to maintain good records by paying on or before the due date.
If you want to avoid missing payments which may result to additional late payment fees, you can enroll your loan for an Automatic Debit Arrangement or ADA. It is open for Home Credit Cash Loan clients who accounts to partner banks which include BDO Unibank.
To enroll your BDO account for an Automatic Debit Arrangement (ADA), you can do it traditionally or take the electronic process. Here is a guide on both modes of enrollment:
Traditional Enrollment:
- Step 1 — Download and print the ADA Form.
- Step 2 — Fill out the form with your bank information.
- Step 3 — Affix your signature to the form preferably using a pen with blue ink.
- Step 4 — Send the signed ADA form to Home Credit Philippines. Address it to 11/F Vertis North Corporate Tower 1, Bagong Pag-asa, Quezon City.
Electronic Enrollment:
- Step 1 — Log in to your BDO app.
- Step 2 —Tap More and tap “Enrollment Services”.
- Step 3 — Choose HOME CREDIT as Biller.
- Step 4 — Enter the Biller Details and tap Continue.
- Step 5 — After the Biller Enrolment, tap “Pay Bills”.
- Step 6 — Enter the Payment Details.
- Step 7 — Under the Payment Schedule, tap “Regular Schedule date” to set monthly debit schedule. Select Monthly as Frequency.
- Step 8 — Enter the start and end due to Home Credit Loan, then tap Continue.
- Step 9 — Read and review the Payment details then press Continue to enroll.