Home Credit Cash Loan

What is a Home Credit Cash Loan?

Home Credit Cash Loan is a form of unsecured borrowing where customers who wish to start their own business, pay for medical emergencies, pay for their children’s tuition fees or purchase new electronic gadgets or appliances can apply for a loan online.  Those who qualify for a Home Credit Cash Loan are existing Home Credit customers with good credit history. New customers will need to be avail of their other products first before they can apply for a Home Credit Cash Loan. 

Home Credit Cash Loan Features

The loan amount that existing customers can apply for is Php10,000 to Php150,000 with a term of up to 36 months. However, customers should note that the maximum loan amount and term will depend on the credit evaluation and offer. 

Home Credit Cash Loans’ salient features include a simplified application process, low monthly installment amount, loan approval in just under a minute, fast loan disbursement within just 5 minutes and there are no hidden costs. 

With a simple loan application process and a fast turnaround time from application to disbursement, customers will be able to address their emergency needs right away. This takes a lot of the burden off some people who are in dire need of cash. 

How to Apply for a Home Credit Cash Loan

There are three alternative ways in applying for a Cash Loan: via the Home Credit App, through Telesales, or their Partner Stores. 

Apply Via Home Credit App

Existing customers can directly log in to their Home Credit App and click on the Cash Loan offer banner to proceed with the loan application. Simply indicate the amount you wish to apply for and submit the application. 

Apply Via Telesales

Applying for a cash loan through telesales will only require that customers call Home Credit at (02) 7753 5714 or their Toll-Free numbers at 1 800 10 234 3000 for Smart, PLDT, Sun, and TNT subscribers or at 1 800 8 905 0303 for Globe and TM subscribers. Their agents are available Monday to Sunday from 8:00 AM to 9:00 PM. 

Apply at their Partner Stores

Choose to apply at any of their partner stores nationwide and approach their customer sales representative. Make sure to have two valid IDs with you when you visit their partner stores so that they will be able to help you process your loan application right away. 

Home Credit Cash Loan Disbursement

After receiving an SMS confirmation of your approved loan, you can claim your cash loan through Bank Transfer or through Cash Pick Up. If you choose cash pick up, you will be able to collect the proceeds of your Cash Loan from Cebuana Lhuillier, Bayad Center, LBC, USSC or through Metrobank. 

Conclusion

Home Credit Cash Loan provides an alternative financing solution for Filipinos who are most likely not going to be able to get approved of a loan with traditional banks because of their stringent loan requirements. By providing opportunities for the working class Filipinos to have access to financing, more people are able to achieve their financial goals while working on their financial freedom.