Guide on the Home Credit Loan Penalty For Late Payment
HOME CREDIT LOAN PENALTY – Here is a list of the fees imposed by Home Credit Philippines for the late payment of loan.
When it comes to lending companies in the Philippines, one of the most popular is Home Credit. Most people are surely familiar with these agents wearing white and red polo shirts in shopping malls.
Home Credit has booths and has deployed several agents in the different stores in most shopping malls in the country. They are ready to assist those who wanted to apply for the offers of the lending firm.
When it comes to the offers, it has different loans – like the Home Credit Product Loan and the Home Credit Cash Loan. The latter is a multi-purpose loan that can help you obtain some cash for your personal purposes.
Meanwhile, if you are into buying a gadget, an appliance, a furniture, or any other item but does not want to pay for it in full yet, you may apply for the product loan. Home Credit can assist you and you only need to prepare for the downpayment. You can pay the rest of the selling price in monthly basis to the lending firm.
When it comes to the repayment of the loan under Home Credit, the client must be prompt in paying for it. You may go for an automatic debit arrangement (ADA) should you want to avoid penalties for forgetting to pay. Meanwhile, the lending firm usually sends updates and reminders to its clients regarding the due date.
If you miss to pay for your loan, you will have to pay for the Home Credit Loan penalty for late payment. It depends on how many days you made your payment since your due date.
- Anytime after your due date – Php 200.00
- 30 days past your due date – Php 400.00
- 60 days past your due date – Php 600.00
- 90 days past your due date – Php 800.00
Do you want to check on the specific offers of Home Credit Philippines? You may visit – Home Credit Loans – Full List of Home Credit Philippines Loan Offers.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: HOME CREDIT CASH LOAN – Minimum & Maximum Amounts You Can Borrow
Am i qualified for a cash loan?
I would like to ask if we have a home credit and we wanted it to get accelerated, does the Interest will get rid?
hi po tanong kopo sana .duedate kopo sa March 9 webes pwedi poba March 11 sabado ko po bayaran magkano po laya 2 days penalty sa kinuha kopo tv
good afternoon po overdue po ako last 4days due to ilness of my youngest daughter how to submit my proof requirements and where to submit po?