Home Credit is an international banking group established in the Czech Republic and based in the Netherlands now. The company has several branches around the globe. Particularly, there’s a bank called Home Credit Philippines – it operates online and offline, provides different finance options, and attracts customers with easy-to-get loans.
Home Credit Philippines branches work in all regions of the country.
In terms of loans, this lender delivers two core offerings, credit cards, and set of promo products. We will review Home Credit Philippines cash loan packages, non-cash offers, and other services available for citizens.
To start with, there are two basic options: a cash loan delivered as a lump sum and a store-based product loan that covers the cost of specific purchases. Apart from these things, Home Credit delivers credit cards, credit insurance, discounts, and trading services, health plans, etc.
The company’s interaction with clients is based on the native Home Credit app, mostly. As well, you can get in touch with operators in land-based offices, email the firm or call it. It’s pretty simple to find the offer you actually need. Further, we will focus on loan services and also will briefly cover other options available for customers.
The entire list of online loans and offline service examples looks as follows:
Apart from these traditional options, requirements provide for minor bonuses. For instance, you can get 0% interest and a free last installment when applying for basic loans. Moreover, when buying specific smartphones with this loan, you can get a free prepaid plan from Smart, TNT or Sun. Hulog-Gaan service allows purchasing not only electronics and appliances but also less costly things like clothes and cosmetics.
Let’s start with the eligibility criteria. They’re the same for all types of products. Firstly, you must be a Filipino citizen. Also, you have to be not younger than 18 and not older than 68. Finally, you have to provide proofs of income as an employed person, self-employed businessman, pensioner, etc.
Okay, let’s proceed to the exact terms and conditions. Due to the fact that some offers aren’t as popular as others, we will focus on three main examples. Meet the leaders!
The most popular bundle provides for purchasing various goods using the system of installments. In short, you can come to a partner shop (check them in the lower section of the page, tab «Find a store»), choose the desired product, agree on conditions, make the first payment, and receive your stuff right away. Then, you will have to pay installments regularly.
Here are numbers that you can use:
The company offers cash loans for new and existing customers with different conditions for each category. Generally, the process is simple. You only have to check eligibility, contact the lender, get approved, and receive money to your account or in the chosen bank’s branch.
The Visa-based card comes with a few useful features. First of all, it’s not a loan but credit so you don’t have to pay all the time. Repayments activate only when you use credit funds. Then, it’s possible to pay offline and online where Visa is accepted. Other options include Home Credit Philippines customer service bonuses:
This bank accepts various payment methods so it’s not a big deal to find the place/service to repay the loan. The most useful options are as follows:
Daniel, 30. «With my passion for new cool gadgets, it’s almost impossible to miss new versions. Thanks to Home Credit sales agent who offered a quick low-interest loan when I looked for a new iPhone, I return with a shiny purchase. Small repayments were affordable, too. Convenient and cool!»
Andrea, 49. «You know, it’s difficult to make ends meet. Cash loans are the only way to cover daily needs. I’m a client of Home Credit for three years now. Have a bank account and a mobile app so can handle all loans and payments online. I also get access to lower interest rates and bonus features like discounts. It’s my life now…»
Jack, 19. «I’m from the generation that doesn’t like loans but accepts the importance of credits. Thus, I applied for a Home Credit Philippines online credit card once I reached 18. Got it quickly and, most importantly, with 0% interest for purchases in partner shops. Now, I can get what I want and build credit history simultaneously.»
The bank delivers loans and credits to customers using the standard system of repayments. Home Credit also has installment-based loans.
Unlimited. The bank appreciates loyal customers and delivers bonuses to people who apply for new loans after closing the previous ones.
The bank doesn’t disclose exact rates. Still, the Home Credit Philippines online loan calculator shows interest from 0% to 70%+.
You can do it by downloading the native app and setting the desired conditions. For basic loans, you can visit any affiliate store and talk to an agent.
The lender delivers funds to bank accounts or as cash in partner shops. Other loans come as non-cash packages as you get the chosen product instead.
It’s easy to do via the native application. If you want, try calling the support center and asking for your loan details.
The bank accepts several payment methods, including ECPAY, Bayad Center, Mlhuillier, Cebuana, RCBC, and SM Malls. Online payments are available via RCBC only.
Yes, if she can provide a proof of a regular income, e.g. support from her husband, alimony, etc.
Yes, if he/she can provide a proof of a regular income, e.g. support from parents, scholarship, etc.
Yes, if he/she can provide a proof of a regular income, e.g. any form of financial support.
The firm is a part of a worldwide network of Home Credit banks. It was established in 1997 in the Czech Republic and has millions of clients around the globe.