A “Personal Loan” is usually the name used by most people to describe borrowing money. Expenses and Fees to Pay? Get an Instant Quick Loan However, getting a “personal loan” from a lender is different from getting a “cash loan”, or a “salary loan” and even a “collateral loan”. Personal Loans are usually more simple […]
How to Apply for a Personal Loan
When you apply for a personal loan, the process is fast and easy.
With the website you are on right now www.personalloans.ph, you can complete your basic details here and wait for a response speedy response.
You may hear your office friends or relative talk about how difficult it is to get a loan, however, there is a reason for that.
Applying for a loan is not difficult.
When someone reports having a difficult experience trying to get a loan, you can be sure that this person very likely did NOT have their details in order.
Perhaps they did not have their COE ready (Certificate of Employment). Which is an official letter from their employer stating the status of the persons employment.
Whilst this person had a difficult time dealing with and contacting their HR department, applying for the loan was not difficult.
If this person had their documents ready, it would be a simple process of uploading their documents, or dropping them off at their banks shop.
Because the bank is going to be giving you money, they want to see and copy your documents. (That’s understandable, right?)
If YOU want to have a simple Personal Loan application, be ready with the following documents:
- 2x Government issued I.d’s (Of course)
- Copy of your most recent BIR form.
- Certificate of Employment
- Three most recent payslips
- Your companies details including address, contact information (HR) to confirm your employment.
- Your other contact details, residential address, contact numbers, etc.
Everyone is different, and the Banks will agree with that too. Therefore, when applying for a personal loan, you may be asked to provide an additional document to support your application.
This will only help with your application, because more proof = a stronger personal loan application.
If you’re to start the application process today, and see how much you could borrow, just find the Apply or Start Application button on this page, click that and fill out your details. We will help you with the rest.