Hi. Newbie here. Can someone help me about the eligibility for personal loan process? What is the minimum salary required for an employed person and the documents required for applying a personal loan in the Philippines?
Hi Mandy! You may check this page https://www.ecomparemo.com/personal-loan-calculator to compare wide variety of personal loans available ion the market. For the salary required, actually I agree with Gerry, 15k would be the best minimum though there are banks that are accepting 10k as the minimum salary however, the approval rate will be dependent on other factors like if you are renting, or married with children..because definitely the banks will check your eligibility to pay. And before I forget, you should be a regular employee before you can apply ;)