#home credit requirements philippines

Home Credit has been quite a help in making one's appliance and gadget purchases more affordable with monthly installments without the need for a credit card, but one can also attest the stringent process it takes to get approved despite the seemingly easy requirements. It's a known fact that Home Credit is gaining popularity for a mass-market approach in helping people purchase their devices in more affordable ways. These tips are collated from several users off Facebook groups who ask about this process, as well from my own experience in conversing with Home Credit Sales Agents across stores in the metro when I tried to purchase phones myself. Home Credit also uses information stored at the SEC's Credit Information Corporation. This enables Home Credit to weed out delinquent applicants and ensure that you have the capability to purchase a new appliance or gadget. Pay for a higher cashout Home Credit has always advised its customers to "pay the highest down payment you can provide," and it does bear truth. Present more requirements Home Credit applicants may be required just two IDs to process the loan application, but you need to consider that they're asking for two primary ones. In most cases, one primary ID is okay as long as it is supported by secondary requirements, which is stated in their website: Home Credit Application Primary ID -SSS -UMID -Driver's License -Valid Passport -PRC -Voter's ID Secondary ID -Bank account statement -Brgy. Read more in our articles including "Top Tips to get approved with Home Credit" and "Home Credit offers back-to-school deals on select devices".