Guide on How To Apply for Home Credit Cash Loan 2024 via App & the Requirements
HOME CREDIT CASH LOAN 2025 – Through the Home Credit app, you may apply for the multi-purpose loan offer and get instant funds.
Did you receive a cash loan offer from Home Credit Philippines? It can be the financial solution that you are looking for whether it is for a personal purchase, a car repair, travel, hosting an event, etc. There are several options on how to apply for it.
The Home Credit, a lending entity that operates in the Philippines since 2013, is undeniably known for its Home Credit Product Loans that can finance the purchase of different gadgets, furniture, appliances, and many others that are present in their partner stores.
Meanwhile, through the years, the offers of Home Credit grew and the list now includes the Home Credit Cash Loan. It can be the financial solution that you are looking for and there are convenient options on how to apply for it.
Before checking on a convenient mode of applying for the cash loan offer, it is best to first check the loanable amounts, the interest rate, and the loan term. With regards to how much you may borrow under the loan offer, it really depends on how much is stated on the offer extended by Home Credit.
The loan is payable for up to five (5) years or 60 monthly installments depending on your chosen loan term. The interest rate is at 2.32% add-on rate as the base interest rate.
You may apply for the Home Credit Cash Loan offer in-person, via online through its My Home Credit app, or through a hotline. Before applying for the loan offer, it is best to first check your qualification to it.
Qualifications. Here are the eligibility requirements set by Home Credit Philippines under its loan offer:
- 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. To apply for the loan offer, there are some documents that you need to prepare for submission. These can be submitted online through the process. You just have to provide the following documents for the application:
- 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
Home Credit Cash Loan 2025 Application via App. In applying for the loan offer, you may do so online through the My Home Credit app account. Log in to your account by providing your password. Make sure you have a stable internet connection to avoid losing the application process.
If you have already logged in to your My Home Credit app account, go to the section where the offers are posted and click/tap the cash loan offer you want to apply for. Provide the information asked to update your records and then submit it to HC once you are done.
Wait for the result of your loan application. You may get the result in as fast as one (1) minute. Submit the other information needed to proceed to the releasing of the loan. You will be asked to sign the loan agreement through the OTP or the One-Time Password that will be sent to you.
Releasing. With regards to the mode of disbursement or releasing of the cash loan proceeds, you may choose from any of the following:
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. In paying for your monthly installments, you may choose to pay for your monthly due through any of the following:
- 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