Home Credit “Credit Card” – Can I Still Use It If I Availed the 60-Day Grace Period?

Guide on Home Credit “Credit Card” 60-day Grace Period Offer

HOME CREDIT “CREDIT CARD” – Here is a guide on whether or not you may still use your credit card during the 60-day grace period.

Several companies and banks were quick to issue announcements following the approval of the Republic Act No. 11494. Also known as the Bayanihan To Recover As One Act, Bayanihan 2, or BARO, it aims to help the people and the different sectors of the government amid the COVID-19 crisis.

One of those that were quick to issue an announcement is Home Credit Philippines. Undeniably, it is one of the most popular lending companies in the country now.

Home Credit is initially known for its product financing services and loan offers. Now, you may apply for a Home Credit “Credit Card”.

A lot of people have Home Credit “Credit Card”. Amid the COVID-19 crisis and in compliance with the Bayanihan 2, bills for purchases made before September 15, 2020 are covered by the 60-day grace period.

However, a client is not allowed to use his or her credit card during the grace period if he or she availed the 60-day grace period. Also, an accrued interest may be implemented.

If you wanted to continue paying your credit card bills, you are allowed to do so. Also, you may still use your credit card if you have not availed the 60-day grace period.

According to Home Credit, they will be sending offers to those who are qualified for the 60-day grace period. The offers may come through email notices.

Thank you for visiting our website. We hope we have helped you with regards to this Home Credit Philippines matter. You may keep coming back for more informative guides.

READ ALSO: Home Credit Loans Under 60-Day Grace Period in Compliance w/ Bayanihan 2