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Sep 28, 2017 - 34 minute read

Second chance financing personal loans

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Second chance financing personal loans

27 12-month term: 26. 63 18-month term: 26. 76 24-month term: 26. 58 36-month term: 25. 98 Tenure: Either 6, 12, 18, 24, or 36 months. Mode of Payment: For BDO Asenso Kabayan Personal Loan Secured and Unsecured: Payment of the loans monthly amortization will be through an auto-debit arrangement (ADA) of your BDO current or savings account.

Terms and Conditions: Flexible loan amounts: Minimum of P10,000 Maximum of P 3,000,000 For Asenso Kabayan Personal Loan Secured. For Peso account, maximum of 90 of the deposit account balance For Dollar accountmaximum of 80 of the deposit account balance; the prevailing buying rate shall be used to determine peso equivalent. Eligibility Requirements: Citizenship: Filipino Residence: Philippines Age: At least 22 years old to 54 years old upon application Source of Income: Employed or self-employed Work Tenure: At least 2 years permanent work status with 1 year tenure second chance financing personal loans current employer if employed or 3 years profitable in the same business if self- employed Monthly Income: At least PhP15,000 gross monthly income if employed At least PhP30,000 net monthly income if self-employed.

Preferably an active credit cardholder With residential landline or mobile number, business landline and email address.

Second chance financing personal loans

In some cases, you may be second chance financing personal loans the option of obtaining a loan from a tribal lender. Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps.

If you are connected to a tribal lender, please understand that the tribal lenders rates and fees may be higher than state-licensed lenders. Additionally, tribal lenders may require you to agree to resolve any disputes in a tribal jurisdiction.

You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you. The purpose of shorter duration loans is to provide the borrower temporary financial relief.

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