ASIAN FINANCIAL CONSULTANCY / AFC LOANS
AFC Loans
COLLATERAL LOANS
Collateral loans have guarantee (whether vehicle or property) in exchange for the money that we will finance you. Only the Original Receipt / Certificate of Registration (OR/CR) as collateral for vehicles and The Original Transfer Certificate Title for Property/Real-estate.
The interests for all products are 'add-on' and are effective on a monthly basis. Example: 2% per month is multiplied by the loan terms. All of our products have a processing fee which is deductible to your loanable amount. The processing fee is different for every product.
Loan amortizations are paid through your post-dated-check where you will issue to us upon the release of your loan. This will serve as our security of payment from you. You will have to maintain your Checking Account for your post dated checks to be valid, otherwise, it will bounce.
Basic qualifications:
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A Filipino Citizen
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21-59 years of age at loan maturity
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For 60 years old and above, a co-borrower (59 and below years of age) is needed.
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Must have valid contact numbers.
Standard Requirements:
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Latest 2x2 picture (3pcs)
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Photocopy of 2 valid IDs (Company ID, Passport, Driver's License, SSS, etc.)
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Proof of Billing (electricity, telephone, water bills)
* Take Note: All Products have additional documentary requirements.