Rebate Home Credit Loan: Can I Get A Discount If I Pay in Advance? Here’s the answer…

Is there Rebate on Home Credit Loan If Payment Is Done Earlier than Due?

REBATE HOME CREDIT LOAN – Are you wondering if you can get a discount on your loan due if you will pay in advance?

Many Filipinos undeniably have loans to Home Credit Philippines. It is now one of the most popular lending companies in the country and it has greatly hooked avid clients because of its minimal requirements, fast loan processing system, and its offers that meet the needs of many people.

With Home Credit, you don’t need to always have to deal with a one-time full payment in buying your target gadgets, appliances, and furnitures. Instead, you can turn to Home Credit Product Loan offer which requires only 30% of the selling price as downpayment. The rest of the balance will be paid in monthly installments with a top-up of the Home Credit loan processing fee.

Rebate Home Credit Loan
Photo Credit: Business Mirror

Aside from the product financing service of Home Credit Philippines, the lending firm also offers Home Credit Cash Loan to its previous and existing clients with good credit records. They usually have offers for good payers even if the client has an existing loan.

The loan due date is usually a month after the loan application was approved. It is important to pay on time or within the given grace period to avoid wasting money on late payment fees. The lending company has set different late payment fees among the two (2) loans.

For the late payment fees on the product financing service of the lending company, you may visit – Home Credit Product Loan: Here’s the Late Payment Fees Depending on Days Since Due.

With regards to the late payments under Home Credit Cash Loan, the loan amount is a factor apart from the number of days since the loan is due. You may visit – Home Credit Cash Loan Late Payment Penalty: Here’s List of Fees Based on Loan Amount.

How about the rebate under Home Credit loan? In other loans, there are discounts if you will pay in advance. This usually happens in motorcycle loans.

With regards to the rebate under Home Credit loan offers, there is no discount if you will pay in advance of your loan due.

You may also visit – Home Credit “Credit Card” Membership Fee: Here’s How Much You Will Be Charged Monthly

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