Cash is deposited in your account in as little as 1 business day. Repay Your Loan. The original loan amount any fees will be debited from your bank account on the due day. Whats Needed from Your End. Basic Personal Information.
(Phone Number, Valid DL Number or State ID Number, Home Address, Email Address) Income Information.
If married, your gross monthly incomes are combined. You should be employed for at least two years in your company here or abroad. You should have a three-year contract if you are a household worker.
You should have an SPA (special power of attorney) for your appointed loan administrator. You should have a proof of profit for at least two years if you own a business. These are the documents that you have to submit to apply for a BDO Loan: Filled out, Download BDO Home Loan Application Form One valid Identification Card Marriage contract for married individuals COE or Certificate of Employment where your salary is stated if you are currently employed Receipt or Remittance form for at least three months if you are currently employed abroad Your current Crew Contract if you work as a seafarer Your COE and your contract if you are currently employed abroad Financial statements, ITR, Statement of Bank Account credit line cash advance at least three months, DTI Certificate of Registration, Company profileand any kind of proof of income for business owners.
How to Approve. Upon submission of your complete requirements, you just need to wait for about seven credit line cash advance ten days for advice of approval from BDO.
Be sure to refer to the late payment, partial payment and nonpayment policies you will find detailed in the loan documents that come from your lender. Cash Nows strict policy is to only partner with trustworthy and reputable lenders who pursue collections of delinquent accounts in a completely fair and reasonable manner. Potential impact to credit score. Here at Cash Now, it is our policy to never get involved with making credit decisions or perform credit inquiries on potential borrowers.
Some of our associated lenders, however, may choose to perform a nontraditional credit inquiry so they can determine if you are eligible for loan assistance. Typically, these lenders will not perform a credit check with any of the large U. credit reporting agencies (Equifax, Experian and TransUnion). Be aware credit line cash advance in the end, there is a chance that your credit score could be impacted by the credit line cash advance of a particular lender. Should you fail to repay your loan on or before the specified due date, the lender may decide to report the delinquency to one or more of the aforementioned credit reporting agencies, possibly leading to your credit score being adversely affected.