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Friday, March 5, 2010
OFW Loan (For Placement / Personal)
Requirements:


- Contract Employment, POEA Info Sheet
- Visa, Passport, E-Receipt, Plane Ticket

- Salary at least P13,500
- Completely filled-up Application Form
- 2x2 picture (two copies)
- Photocopy of 2 valid IDs (company ID, passport, driver's license, SSS, voter's ID)
- Proof of Billing (Meralco, water) - doesn't need to be under your name as long as it is the same as with your submitted valid ID
- For Placement Fee: Job Offer / Contract / Medical Exam Certificate
- For Direct Hire/Immigrant: COE / VISA / Passport / Plane Ticket and Flight Details


Loan Interest Rate (Add-on):
Option 1: 5% per month
Option 2: 3.75% per month (first amortization to be deducted from loan proceeds)

Loan Processing Fee: 5.5%


Loanable Amount: Up to P300K

Loan Terms: 3-12 months

Mode of Payment: PDC* with joint account with borrower

*we will provide you PDC if you don’t have one. Opening balance of 1 thousand pesos (can be used as last payment for loan in case applicant does not want to renew)

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posted by FAST EASY LOANS PHILIPPINES @ 3:16 AM  
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