In its goal of providing better services to its customer base, Home Credit has significantly improved its average loan processing time. Instead of the usual 20 minutes, it’s now shortened to just 10 minutes! even almost instant for some customers.
This development is just one of the company’s ways of catering to its growing number of customers. Home Credit, which offers in-store financing to mobile gadgets and tablets, appliances, e-bikes, furniture, power tools, sporting goods, and other goods; is also looking to diversify its offerings by looking for more commodities and even services. With close to 3 million customers, this improvement makes the process even more seamless.
[su_quote cite=”Franchette Cardona, Chief Product and Marketing Officer”]One of the goals of Home Credit Philippines is to provide fast and easy loans. Cutting our processing time in half will improve the experience for them. [/su_quote]
HCPH’s products cater to consumers who don’t have access to financial services. The process of applying for a Home Credit loan is easy. Just approach a Home Credit sales associate in any partner store, complete the application form, submit 2 valid IDs, and wait for the result.
List of accepted IDs:
Primary ID
- SSS
- UMID
- Driver’s License
- Valid Passport
- PRC
- Voter’s ID
Secondary ID
- Bank account statement
- Brgy. Certificate/Clearance
- Certificate of Employment
- Credit/Saving Card
- Company ID
- Electric bill
- Mobile phone bill
- Water bill
- PAGIBIG/HDMF ID
- PhilHealth Car
- Phone bill
- Postal ID
- Remittance Slip
- Salary Slip
- TIN ID
- NBI Clearance
Emman has been writing technical and feature articles since 2010. Prior to this, he became one of the instructors at Asia Pacific College in 2008, and eventually landed a job as Business Analyst and Technical Writer at Integrated Open Source Solutions for almost 3 years.
