Home Credit in the Philippines

Grace Period In compliance with the Bayanihan to Heal as One Act, we have granted a 30-day grace period for all payments due between March 17 to April 30. Late fees and penalties will be waived during this time. You are free to continue your payments during the grace period. If you make your payments […]

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Home Credit Philippines https://upfinance.com/app/uploads/2019/10/copy-hc-logo-1.png
(02) 7753 5711, 7753 5700, 7753 5712, info@homecredit.ph, POS.Opening@homecredit.ph, repayment@homecredit.ph
Interest rate 0.48% - 3%
Loan tenure from 1 to 36 months
Approval duration Up to 0.5 hours
Min. monthly income

Product Features

Min. financing amount ₱ 10000
Max.financing amount ₱ 1000000
Min. loan tenure 1 months
Max. loan tenure 36 months

Credit

Cash loan

Interest Rates: 
Cash Loan for Existing Clients from 29.28% per annum
Minimum Loan Amount: 10 000 PHP
Maximum Loan Amount: The maximum amount will depend on the offer given to you
Payment terms: up to 36 months
Approval time: up to 30 minutes

Calculate loan

Online shopping

Interest Rates:  0% per month
Minimum Loan Amount: 10 000 PHP
Maximum Loan Amount: The maximum amount will depend on the offer given to you
Payment terms: 6, 9 and 12 months
Approval time: up to 30 minutes
Origination fee: 3% of financed amount
Down Payment: As low as 20% of purchase price

Calculate loan

Standard Loan

Interest Rates:  5,8% APR
Minimum Loan Amount: 10 000 PHP
Maximum Loan Amount: The maximum amount will depend on the offer given to you
Payment terms: 6, 9 and 12 months
Approval time: up to 30 minutes
Origination fee: 3% of financed amount
Down Payment: As low as 20% of purchase price

Calculate loan

 

Loan Calculator

%
Monthly payment
₱ 888.49
Total overpayment
₱ 661.85
Total
₱ 10661.85

Borrower Requirements

Eligibility:
– At least 21 years old at the time of application but not more than 65 years old upon loan maturity
– Must be a Filipino Citizen
Stable income:
– Employed (at least 3 months),
– Self-employed, businessman,
– Pensioner or receiving regular remittance

Credit Card

Smile

Smile Rewards Program Earn up to 1% rebate/cashback anywhere. Plus, enjoy special cashback, discounts or freebies at partner merchants using your Home Credit Card.
Installment Plan Convert your straight purchases to installment for a minimum of Php3,000 at low interest rate. Just call Customer Service to make the request. You can also avail of 0% installment at partner merchants.
Shopping Convenience Card can be used at 40 million establishments in over 200 countries where Visa is accepted.

FAQ

You can apply for a Cash loan in 3 ways:
– by phone (02) 7753-5714
– fill out an application online on the bank’s website
– through the mobile application my Home Credit

Yes, if you have approved a Cash loan you can get a cash loan and use it anywhere.

You have 2 ways:

  • bank transfer through partners – BPI, Standard Chartered Bank, HK, Citibank
  • cash through bank partners – Cebuana Lhuiller, Bayad Center, LBC, USSC, MetroBank.

You can check your credit information at any time through the My Payment portal on the Home Credit website.

No, you can repay the loan balance without penalties.

The longest loan period is 36 months.

The fees for delayed payments:
Past Due 30 days: 400 Php
Past Due 60 days: 600 Php
Past Due 90 days: 800 Php

Contacts

Full company name Home Credit Philippines
Address
Phone number (02) 7753 5711, 7753 5700, 7753 5712
E-mail info@homecredit.ph, POS.Opening@homecredit.ph, repayment@homecredit.ph
Social networks

Grace Period
In compliance with the Bayanihan to Heal as One Act, we have granted a 30-day grace period for all payments due between March 17 to April 30. Late fees and penalties will be waived during this time. You are free to continue your payments during the grace period. If you make your payments according to your installment plan, your loan will not be extended by the grace period and you will save interest for that period. Please see list of updated payment channels here.

Users rating

Reviews

3 months ago

!

I thank home Credit Bank for the grace period and elimination of the penalty related to COVID-19. It is good when the Bank takes care of its customers.