Home Credit Philippines Review – Oppo F5 Selfie Expert
Have you heard of Home Credit? Well, if not, I’m going to share with you my experienced. If you don’t know yet how it works its kind of a loan and you pay for it via installment to the Home Credit Company. There are many stores nationwide are already accepted Home Credit. Examples are Oppo outlet, Abenson, SM malls and etc.
WHAT IS HOME CREDIT?
My Home Credit offers finance when you buy electronics, home appliances and much more in your favorite stores. They will finance your purchase. Pay in installments even with no credit card.
WHO CAN APPLY FOR A HOME CREDIT?
A Filipino citizen
18 to 68 years old
Employed for at least 3 months, self-employed, an entrepreneur, a pensioner or a remittance beneficiary
Primary IDs with address
- Driver’s License
- Postal ID
- Voters ID
- PRC id
- SSS id
- Barangay Certificate / Clearance
- Electric Bill
- NBI Clearance
- Water bill
- ATM / Debit Card
- Bank account / Statement
- Certificate of Employment
- Company ID
- Land Line / Mobile Phone bill
- Pag – ibig / HDMF card
- Phil Health card
- Remittance slip
Yesterday, I and my husband decided to try home credit because we are planning to get him a new phone because I broke his old phone when we had fought a few days ago. So, since I was the one who already has a requirement I offer him a deal. I give him my Oppo f1s then I’m the one who will get the new one. 😁 I choose the Oppo f5 which I really wanted to have.
The purchase price of the Oppo F5 is P15,990.00 zero interest, but I still pay an insurance fee or service charge costly P37.00. For my down payment, I paid for P9000 pesos because I wanted to pay the installment with a minimum less than 1K. So overall my installment payment for 9 months is P837.78 pesos each. Not bad.
By the way, I submitted two valid IDs UMID and TIN id. The teller fills out the form and asks you some information. Then, before they give you the unit, of course, there was an online approval from the home credit site if your application approves or not. In my case, it takes only 7 minutes to get approved by the system. TIP: Higher down payment is 95% chance of winning! Hehe! I got the unit after signing all the contracts. There’s more paper to sign and of course, they explained it to you, especially the terms and conditions.
You can pay the monthly installment at SM Mall, Seven Eleven, LBC, Bayad Center, RCBC, etc. Also, auto debit to your bank account is accepted if ever you don’t have time to settle payment from the payment center mention above.
WILL I RECOMMEND HOME CREDIT?
Why not? I love the fast and easy approval system. You only need to valid ids, no more complicated documents whatsoever. As long as you are 100% sure can pay for the installment I highly recommend it to you guys. Assist yourself If you can pay your loan because there are conditional charges of P200 pesos each month when you pay later than the scheduled date. If you are not 100% sure then don’t try it so you will avoid problems in the future. That’s basically it for today guys. I hope this helps! Mwuah