Overseas Filipino Worker (OFW) Eligibility Requirements 25 Years old at the time of loan application and not 65 years old at the time of loan personal loan balance transfer eligibility Former Filipinos with or withour dual citezenship Filipinos married to personal loan balance transfer eligibility Filipinos based abroadOFW and their Beneficiaries 2 years continuous employment contract 3 years continuous employement for domestic helpers Must have at least one (1) landline at either residenceaor employmentbusiness Gross monthly income must be P10,000 or its US equivalent No adverse findings in BAP-NFIS and other internal negative files Beneficiary requirement Required only if proceeds will be released to any person other than the applicant himherself Beneficiary must be residingworking within BDO serviceable areas (30km radius from any BDO branch) Signed Automatic Debit Arrangement Form Authorization Letter for Benefiaciary sign by OFW Benificiary Information Form.
Document Requirements: Proof of Income for Salaried Employees. Photocopy of the latest BIR Form 2316 or W2 signed by employers authorized representative (MANDATORY) and submit any of the following: Original Certificate of Employment and Income (COEI) issued in the last three (3) months indicating status, length of service and breakdown of compensation Photocopy of last full month pay slip.
Interest Rates: Monthly Add-on Rate: 6 months 1. 30 12, 18, 24, and 36 months 1. 25 Effective Rate (Annual) 6-month term: 26. 27 12-month term: 26. 63 18-month term: 26. 76 24-month term: 26.
We recognize a personal loan is a private matter. Reasons for needing money range from critical automobile maintenance, unexpected medical expenses, much needed family vacation, basic home improvements, etc.
Whatever your reason, we respect your privacy. Thus, we work with lenders familiar with your situation and are ready to help. Important Disclosures. Please Read Carefully.
This service is not available in all states. If you request a loan in a particular state where such loans are prohibited, or in a location where icashloans.
The amount of cash you can borrow is entirely dependent upon your vehicle's worth so we are able to offer up to 50,000 for qualified borrowers. Get in touch with us today to learn more.
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