Knowledgebase

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Qualification Guidelines

A loan applicant's qualification will depend on the type of loan product. For general qualifications, here are the guidelines:

Employed Individuals:

  • 21 - 65 years old
  • at least 1 year in the company
  • regular employee
  • at least 18,000 monthly income (reflected in payslips and COE)

For Medical practitioners:

  • Must have a valid PRC license

For Public / DepEd Teachers:

  • LUZON ONLY
  • Permanent teaching and non-teaching personnel included in DepEd’s Automatic Payroll Debit System (APDS)
  • At least 21-60 years old upon loan maturity
  • Must meet the minimum net take home pay requirement

For BPO employees

  • 21-65 years old
  • at least 2 years in the industry and 1 year in the company
  • regular employee
  • at least 25,000 monthly income (reflected in payslips and COE)
  • holds a supervisory or managerial position
  • Not renting but living with parents or relatives

Self-employed Individuals

  • 21-65 years old
  • at least 2 years in the business
  • President or CEO, if corporation
  • at least 30,000 monthly income (reflected in bank statements)

Overseas Working Individuals

  • 21-65 years old
  • at least 2 years in company
  • at least 25,000 monthly income
  • with not less than 3 years contract with employer overseas
  • with a nominated co-borrower with regular income (spouse, parents, children etc.)

Individuals Processing for Overseas Work

  • 21 - 65 years old
  • has work experience of more than 2 years
  • has existing contract with overseas employer
  • contract must state an income of not less than 25,000
  • plane tickets with scheduled flight within 3 months
  • with a nominated co-borrower with regular income (spouse, parents, children etc.)

Disclaimer: The above-mentioned qualifications is a general standard based on collated eligibility requirements from our network of partners. Each loan provider has their own respective eligibility qualifiers which may differ in what is declared above, thus, we do not claim that the content on this page is 100% accurate. In addition, loan qualification will also depend on the loan provider's credit investigation results during credit assessment and background checking.