Guide on Home Credit Phone Loan Mobile Brand Coverage
HOME CREDIT PHONE LOAN – Are you curious which brands are available for a product financing loan to Home Credit Philippines?
Home Credit Philippines has undeniably built a huge name in the fied of product financing service. It is in fact the most popular when it comes to financing the purchases of mobile phones, appliances, and furnitures which allows the client to just pay for a downpayment, take home the item, and just pay for the balance in monthly installments.
How much is the downpayment? It is 30% of the selling price of the item. Let us say for example, the phone mobile that you want to buy is worth P10,000.00. You will only need to pay P3,000.00 as downpayment.
The Home Credit Phone Loan is open for both employed and self-employed individuals. What are the other qualifications in applying for it? See below.
To qualify for a phone loan, the applicant must be a Filipino citizen who is not younger than 18 years old but not older than 68 years old. The applicant must present one primary ID and one secondary ID in applying for the loan. Either of the two (2) IDs must indicate the current address of the applicant.
With regards to income requirements, the applicant-borrower must be earning from reliable sources like employment, business, pension, and remittance.
What are the brands covered by the Home Credit Phone Loan?
You can purchase any brand of mobile phone as long as it is available at the partner store of Home Credit. It is present to several phone stores in almost all shopping malls across the nation.
If your target phone is not available at any partner store, you might consider applying for a cash loan and use the money in purchasing it. Do you want to know how much you may borrow under the said loan offer? You may visit – Home Credit Cash Loan: Minimum & Maximum Amounts You May Borrow.
