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NON-COLLATERAL LOANS

Non-collateral loans have no guarantee. We will require the client to provide a co-borrower or a co-maker who will join signatories in the issuance of Post Dated Checks (PDC). The PDC is your mode of payment to the company. 

 

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.

 

Non-collateral Loans would require a Co-Maker or Co-borrower. The Co-Maker or Co-borrower must be an immediate relative of the applicant.

 

The standard requirements for a Co-Maker or Co-borrower are the following:

  • A Filipino Citizen

  • 21-59 years of age upon loan maturity

  • Latest 2x2 picture (3pcs)

  • Latest 2x2 picture (3pcs)

  • Photocopy of 2 valid IDs (Company ID, Passport, Driver�s License, SSS, etc.)

  • Proof of Billing (electricity, telephone, water bills)

  • Must have a steady source of income.

 

 

 

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