FAQs: Your Guide to the Home Credit Cash Loan!
Here’s everything you need to know about your Home Credit cash loan application. Get approved and get your goods on installment plans!
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Published December 02
Let’s dive into the nitty-gritty of your Home Credit cash loan application. Here, we’ll walk you through the process, and help you get the green light! Get approved and get your goods on installment plans!
Who are eligible for a cash loan?
Home Credit customers with good payment standing may qualify for a Cash Loan application! Here are two simple requirements before applying for a cash loan.
- Applicant must be a Filipino citizen, age 18 - 68 years old.
- One (1) valid ID, such as the PhilSys ID (National ID), Unified Multipurpose ID (UMID), Driver’s License ID, New Postal ID, or Voters ID
Are you planning to purchase a product?
If you’re planning on purchasing a product through a cash loan, try exploring our product loan offers first! This may be your stepping stone in building a good credit score before applying for a cash loan.
How will I know if I am eligible for a cash loan?
If you are an existing Home Credit customer with a good credit standing thanks to timely payments for our loans, you may become eligible for a cash loan.
You will receive an offer via SMS, call or e-mail from Home Credit once you are qualified. You may also login to Home Credit App to see our available offers for you!
Want to check if you have a Cash Loan offer?
Find out if you are approved in less than a minute by visiting the Cash Loan page.
What is the minimum or maximum cash loan amount?
The minimum amount you can loan is P3,000, while the maximum amount will depend on the personalized Cash Loan offer that you’ll receive. Some customers can avail a cash loan of up to Php 150,000!
What do I do after getting a Home Credit Cash Loan offer via SMS/Email?
You can do any of the following:
- Visit the Home Credit App
- Call the hotline number specified in our SMS/Email/Push Notification, or
- Go directly to a Home Credit partner store
How long will it take to process my application?
Your application can be approved as fast as 1 minute. Use the Home Credit App for convenient and easier transactions!
How will I know if my application is approved?
You will receive a confirmation message via SMS with the result of your application.
What is the shortest and longest Cash Loan term available?
Cash loan terms range from 1 month to 60 months. The available options for number of installments will depend on the exclusive offer given to you.
For a detailed cash loan breakdown, try using the calculator on the Home Credit cash loan page!
Does Home Credit offer insurance with the cash loan?
Yes, you have the option to avail of the Borrower Protection Plan insurance during your cash loan application.
My cash loan application was rejected; can I re-apply?
You may re-apply once you received another Cash Loan offer from Home Credit. Keep checking your Home Credit App to know if you have an offer.
Can I apply for a cash loan with Home Credit without an offer?
No, you cannot apply for a cash loan without a Home Credit offer. The cash loan is exclusive to those who have an offer.
Did you have a specific product in mind?
If you want a cash loan for a specific product, you may check out our product loans for cellphones, laptops, appliances, furniture, and more!
Make fast and easy cash loan applications with Home Credit!
Home Credit aims to help manage your finances through cash loans. Download the Home Credit App on Google Play store or App Store today to know how to manage your cash loan with Home Credit.
