Guide on Home Credit Loan Downpayment in Applying for Cellphone Financing
HOME CREDIT LOAN DOWNPAYMENT – Here is a guide on how much you must prepare in applying for a financing of a cellphone purchase.
Among the lenders with multiple loan offers is Home Credit Philippines. Undeniably, the lender rose to prominence mainly because of its product financing service which attends to the demands of a lot of people.
Under its product financing service, among the gadgets that the borrowers usually purchase under a loan offer are cellphones. There are countless options as Home Credit has several technology firm partners.
Under the product financing offer of Home Credit, you need to prepare for a Home Credit loan downpayment. Prepare at least 30% of the selling price of your target unit.
For example, the selling price of your target cellphone is Php 10,000.00, prepare at least Php 3,000.00 for the Home Credit loan downpayment. In applying for the loan offer, there are specific documents, but just a minimal list, that you must prepare and submit.
To check on the documents needed in applying for a loan to Home Credit, you may visit — Requirements for Home Credit Cellphone Loan: List of Documents You Must Bring.
Home Credit will finance the remaining part of the selling price. In chosen cases, there are also situations when the lender allows a downpayment lesser than 30% of the selling price of the gadget.
Aside from the product financing service, Home Credit also offers a cash loan to its previous and existing clients with good credit records. To check on the loanable amounts under the offer, feel free to visit — Home Credit Cash Loan: New Minimum & Maximum Loanable Amounts under the Offer.
You may also visit — Home Credit Loans – Full List of Home Credit Philippines Loan Offers
