Guide on How To Apply for Home Credit Cash Loan 2024 In-Person & the Requirements
HOW TO APPLY FOR HOME CREDIT CASH LOAN? It can be done in-person at any partner store of the consumer finance product provider.
Are you interested to apply for the cash loan offer of Home Credit Philippines but you are not comfortable to do it using any gadget? You can do it in-person. You can check the guide below.
Before apply for the cash loan offer, it is best to know that the monthly interest starts at 2.32% add-on rate. The interest rate is dependent on the loan amount as well as the loan term you have chosen.
When the application is rejected, you may apply again for the loan as soon as you received an offer from the international consumer product finance provider. The lender guarantees as fast as one-minute approval.
It is best to know the qualifications and the documentary requirements in applying for the loan offer as well as the other important details.
Qualifications. To qualify for the loan offer, here are the eligibility requirements or qualifications that an applicant should meet:
- a Filipino citizen
- at least 18 years old but not more than 68 years old
- with valid proof of identity
- with a stable source of income from any of the following:
- employment
- business
- monthly pension
- regular remittance
Documentary Requirements. There are only a few documents required by Home Credit in applying for the loan offer. Here is a guide:
- duly-accomplished and signed Home Credit Cash Loan Online Application Form
- one (1) valid Primary ID or two (2) secondary IDs
Primary ID
- Unified Multi-Purpose ID (UMID)
- Philippine Identification Card
- Driver’s License
- Postal ID (New)
- Professional Regulation (PRC) ID – Secondary ID with Address Required
- Voter’s ID
Secondary ID
- Postal ID (Old)
- Barangay Certificate
- NBI Clearance
- Phone Bill
- Electricity Bill
- Water Bill
- Mobile/Internet/Cable Bill
How to Apply for Home Credit Cash Loan In-Person? There is an easy process. You just have to visit a partner store of Home Credit Philippines and approach the sales agent of the lender to assist you in making the application. Make sure to present your offer.
The sales agent will ask you to provide the necessary information to fill in the application form. Aftewards, you will receive a message once the loan application has been approved.
Releasing. With regards to the releasing of the loan proceeds, you may choose between a bank transfer or a cash pick-up.
Bank Transfer
- Bank of China
- China Bank Savings, Inc.
- China Banking Corporation
- BDO Unibank Inc
- Land Bank of the Philippines
- Bank of the Philippine Islands
- Development Bank of the Philippines
- Union Bank of the Philippines
- Security Bank Corporation
- Asia United Bank Corporation
- East West Banking Corporation
- Robinsons Bank Corporation
- Philippines Veterans Bank
Cash Pick-Up
- Cebuana Lhuillier
- USSC
- LBC
- Bayad Center
- Metrobank
Repayment. The loan is payable for up to 60 months. It is important to pay on time to avoid the late payment penalties. Here are the options in paying for your Home Credit Cash Loan due:
- Auto Debit Arrangement
- Bank of the Philippine Islands (BPI)
- Metrobank
- UnionBank
- Rizal Commercial Banking Corporation (RCBC)
- BDO Unibank
- Security Bank
- Philippine National Bank (PNB)
- EastWest Bank
- Pay through the Mobile App
- Pay through the Website
- Pay Over-the-Counter
- 7/11
- Palawan Express
- USSC
- Asia United Bank (AUB)
- Cebuana Lhuillier
- Touchpay
- MLhuillier
- Bayad Center
- RCBC Over-the-Counter
- BDO Over-the-Counter
- Digipay