Details about the SB Finance Hooloogan Interest Rate per Month
SB FINANCE HOOLOOGAN INTEREST RATE – Here is a guide on the interest rate implemented under the credit line offer of SB Finance.
In the Philippines, one of the online lenders that you may turn to is the SB Finance. It has several offers for the public and the applications for the offers are |all digital”. You don’t have to leave your home or work to go somewhere for the loan application.
Aside from the the SB Finance Cash Loan 2023 and SB Finance Motorcycle Loan 2023 offers, the SB Finance also offers a credit line through the “Hooloogan” offer. If your loan application is approved, you will be granted a credit line.
You can use your credit line in purchasing products sold at the partner merchants of SB Finance. The online lender offers flexible payment terms and your credit line has no expiry as long as you pay on time.
With regards to the SB Finance Hooloogan interest rate, it is as low as 3.5% monthly add-on rate. The online lender has not mentioned the amount as it is a case-to-case basis depending on the capacity of the borrower.
The SB Finance Hooloogan interest rate will continue to be implemented until the credit line has been fully paid. If you are employed, you will qualify to the offer if you possess the following eligibility criteria:
- at least 21 years old at the time of application
- not more than 65 years old upon loan maturity
- a Filipino Citizen
- has an office or residence landline
- earning at least PhP15,000 a month if working within Metro Manila; or
- earning at least PhP12,000 a month if working outside Metro Manila
If you are self-employed, you must meet the following eligibility criteria to qualify for the loan offer:
- at least 21 years old at the time of application
- not more than 65 years old upon loan maturity
- a Filipino Citizen
- has an office or residence landline
- be the owner or a majority owner of the business with at least 40% stake
- be operating a business that has been operating profitably for at least 2 years with at least 1 trade reference
- be earning a minimum gross income of PhP60,000 per month
There is an easy process on how to apply for the SB Finance Hooloogan Loan 2023 offer. The process is entirely digital at the Zuki app where the SB Finance loan offers can be applied for.
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