0% Interest sa Home Credit: Too Good to be True o Too Good and It’s True?

One of the top reasons Filipinos avoid getting a loan is because they think some lenders charge high interest rates. This isn't true for all loans, though!

Here’s a quick article to show you how Home Credit differs in terms of affordability and accessibility with offers as low as 0% interest.

People often view interest rates in the Philippines as costly and not budget friendly. With Home Credit though, you can avail appliances, gadgets, and more with super affordable interest rates of as low as 0%!

If this sounds too good to be true, let’s look at this side-by-side comparison of Home Credit’s installment offer versus other financial service providers:

What is overpayment? 
Overpayment refers to the additional fees that you pay on top of the actual loaned amount that you availed. In this illustration, other financing competitors offer this tablet with an average of 6.02% interest, so the overpayment blows up to as much as ₱5,770 in 12 months.

Whereas with Home Credit, there’s only a ₱262 processing fee on top of the gadget price, allowing you to avail it for only ₱721/month at 0% interest. San ka pa?!

Home Credit has officially served 10,000,000 customers at the time of writing! You can also be one of the millions to finally experience wide-range and flexible offers in over 15,000 stores nationwide, offering more than 50,000 products at 0% interest. For easier shopping, you can also avail our shopping basket where you can fill it in with any products in leading retail stores and just pay later via installments.

For maximum convenience, download the Home Credit Online Loan App or visit Shoppingmall.ph to check for loan offers and find the best deals on gadgets, furniture, appliances, and more!