Home Credit Cash Loan – Will the Auto-Debit Arrangement Continue Amid Grace Period

Guide on Home Credit Cash Loan Grace Period

HOME CREDIT CASH LOAN – Here is a guide on whether or not the auto-debit arrangement will continue amid the Home Credit grace period.

Several companies were quick to announce their compliance to the Republic Act No. 11494 or more commonly known as the Bayanihan To Recover As One Act (BARO). One of these firms is the Home Credit Philippines.

BARO or Bayanihan 2 mandates a 60-day grace period on loans and bills to help the people cope with the demands of the COVID-19 pandemic.

As for the Home Credit loan grace period, qualified accounts may avail it for the monthly amortization between September 15, 2020 to December 31, 2020.

Aside from the loan payments, credit card bill payments may also be qualified for the grace period. The purchase must have been made before September 15.

The grace period covers both the Home Credit Cash Loan and the product financing service loan. Those who wanted to avail it must be aware of the accrued interest to be implemented by the lending firm.

If you have an auto-debit arrangement and you wanted to avail the grace period for your Home Credit Cash Loan payment, you must inform the lending firm as it will continue its ADA deductions for the convenience of the clients.

visit: How To Avail Home Credit Loan Grace Period Offer

According to Home Credit Philippines, it will send an email to all the clients eligible for the grace period. The client may also call (02)77535712. for inquiries.

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

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