Personal Loan Eligibility Requirements

  1. #7802
    Mandy
    Mandy Guest
    Reply

    Personal Loan Eligibility Requirements

    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?

  2. #9511
    Gerry
    Gerry Keymaster

    Reply To: Personal Loan Eligibility Requirements

    Hey! You should be at least more than 2 years employed, with more than 15K income and you should have a credit card. Basic docs needed are ITR, COE, Paystub, billing statement. :)

  3. #10331
    Raech
    Raech Participant

    Reply To: Personal Loan Eligibility Requirements

    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 ;)

  4. #11051
    Apple
    Apple Guest

    Reply To: Personal Loan Eligibility Requirements

    are you guys collecting fees something like service charge or processing fees for personal loan applications??

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