Knowledgebase

Got questions about Loansolutions.ph? you're in the right place!

How to apply for a loan when I work a freelance home-based job?

Any type of employment or income source without documented proof of income has little chance of approval, or is more often automatically declined.

If you are in need of money for emergency or investment purposes but do not have the documented proof of income, here are a few steps you can take:

  1. Nominate or have a close relative take out the loan in your behalf
  2. Use any type of property as collateral (e.g. house and lot, lot, car, trucks etc.)

However, we cannot guarantee your approval since lenders have their own due diligence (credit assessment and background checks) the carry out prior to approval.