Details about the Home Credit Qwarta Interest and Charges under the Offer
HOME CREDIT QWARTA INTEREST – Here is a guide on the interest rates and charges under the Home Credit Philippines credit line offer.
In the Philippines, one of the most popular lenders that have continually grew its offers through the years is Home Credit. It now offers the following:
- Home Credit Product Loan
- Home Credit Cash Loan
- Home Credit Card
- Home Credit Qwarta
The Home Credit Qwarta is a virtual credit line that you can use in online shopping, purchasing groceries, buying load, and paying bills. You can get your bills paid right away without shelving out cash.
Your due date comes 15 days after you were billed giving you enough time to pay for it. You may also use your credit line in making purchases at its partner merchants which include the biggest stores and shopping malls like Robinsons, SM, and Gaisano.
How much is the Home Credit Qwarta interest rate? The interest may depend on the total spending and it will be charged daily starting the day after each transaction is made.
Every time you pay for your due, a huge part of the amount you paid returns to your available spending limit and you can monitor it only through your My Home Credit app. Thus, you can really go for cashless shopping in-person or online.
In an instance of late payment or paying lesser than the minimum amount due on the due date, the client will be charged 5% of the total amount due in the Statement of Account (SOA). Thus, it is important to pay at least the minimum amount due every due date which is set 15 days after the billing date.
According to Home Credit, the first billing date will be on the due date of the Product Loan or Cash Loan of the client.
