Details about the Home Credit Cash Loan Loanable Amounts
HOME CREDIT CASH LOAN – Here are the minimum and maximum loanable amounts under the Home Credit Philippines loan offer.
Among the many types of loan offers, one of those that is most sought-after for is the multipurpose cash loan. It is also tagged as a personal or as a salary loan. This type of loan was usually designed to help address short-term financial needs.
In the Philippines, one of the personal loan offers is the Home Credit Cash Loan. It is usually offered to previous and current loan account-holders with good credit history and records. It is sent by the lender through:
- an email
- a phone call
- an SMS message
- a notification in the My Home Credit app
How much is loanable under the Home Credit Cash Loan offer? With regards to the borrowing amounts allowed by the international consumer finance provider, it may vary depending on the offer extended by the loan provider.
Meanwhile, the cash loan provider has generously posted the range of the loanable amounts under the offer such as the following:
- Minimum Loanable Amount — Php 3,000.00
- Maximum Loanable Amount — Php 150,000.00
With regards to the loan repayment, a client may choose to repay the Home Credit loan between six (6) months up to 60 months or within five (5) years. The interest rate starts at 1.83%.
Home Credit implements the interest rate on a monthly add-on rate. Please know that the interest rate implemented by the international consumer finance provider may vary on a client-to-client basis.
Undeniably, countless Filipinos who have received the cash loan offer preferred to take it to solve multiple financial needs through a single loan. Because of its huge loanable amounts, you can provide financial solutions to multiple needs under a single loan — meaning, under a single interest charge as well.
Aside from the huge loanable amount, another excellent feature of the Home Credit loan offer is the minimal eligibility criteria and documentary requirements needed in applying for the offer.
