A personal loan is a type of loan an individual obtains. They borrow a lump sum from a financing institution, usually a bank, and agree to repay it in equal installments over a period of time, usually between six to twenty-four months. Continue reading
Who hasn’t availed of salary loans? Most likely those not yet qualified to avail of one. But almost all employees have availed of these loans one time or another. Continue reading
Every parent understands the value of education. Continue reading
Despite rapidly flourishing technologies and inevitable digital advancements, certain economic uncertainties remain. Continue reading
Do you have the spirit of entrepreneurship in you? Do you have the ability to accomplish incredible business results? Continue reading
Borrow from anywhere in the world! Get cash in 24 hours through your spouse or relative!
Ikaw ba ay nasa ibang panig ng mundo at nag-aalala sa pamilyang nasa Pilipinas? Kailangan mo ba ng extra cash? Sa Global walang imposible, maari kang makakuha ng cash sa pamamagitan ng Global at ng iyong asawa o di kaya naman ay kaanak dito sa Pilipinas.
Para sa madaling pag-proseso, sundan ang sumusunod na hakbang:
1. I-click ang Branch Locator sa itaas upang mamili ng branch. Piliin ang branch kung saan madaling makaka-transact ang mga kaanak sa Pilipinas. I-click ang pangalan ng branch upang makita ang lahat ng contact details nito.
2. Kunin ang email address ng branch na napili at mag email sa branch na ito upang humingi ng kopya ng Application Form, Promisorry Note at Disclosure Statement.
3. Hintayin ang email ng Branch na nag lalaman ng tatlong dokumentong ito. Maaari din tumawag sa Branch para sa mga katanungan.
4. Pagka-kuha ng mga dokumento, i-print, sagutin ng kumpleto at pirmahan ang mga ito.
5. I-scan ang kumpleto at pirmadong Application Form, Promisorry Note at Disclosure Statement lahat ng mga requirements na nakalista sa baba.
6. I-email ang mga scanned documents na ito sa GDFI branch kung saan nag-aaply.
Ang loan na kailangan mo kaya naming iproseso sa loob ng isang araw basta’t kumpleto ang requirements.
Initial Requirements:
- Completed and signed Promissory Note & Disclosure
- Copy of Visa/Work Permit Residence Permit
- Copy of updated COE or Employment Contract
- Copy of updated payslip & company ID
- Original ID with signature or Marriage Contract or Bank Confirmation
- Overseas contact number/s, E-mail address
- A beneficiary, and a co-borrower with income. Please see qualifications and requirements below.
• Beneficiary
Qualifications:
- Spouse (if married)
- Children
- Parents (if single)
Requirements:
- Completely filled-up Application Form
- 2×2 picture
- Latest proof of remittance (3 months)
- Contact numbers
Note: INCOME NOT REQUIRED
• Co-Borrower with Income
Qualifications:
- Spouse (if married) or
- Children (18 and above) or
- Immediate family of the OFW or beneficiary/allottee (up to 3rd degree) with income & own residence
Requirements:
- Proof of income
- 2×2 picture
- 2 valid IDs
- Latest Proof of Billing
- Joint CA with Beneficiary
- Contact numbers
Collateral: PDCs (joint with co-borrower)
Loanable Amount: Max. 200% of OFW monthly salary and fixed allowances
Interest Rate (Add-on): 5% per month
Processing Fee: 5.5%
Terms: 3-9 months (no grace period) based on the remaining term of contract
Agent’s Commission: New and Renewal Accounts: 5%
Other documents may be required as needed. Details listed here may change without prior notice.
Everyone has asked for a loan sometime in their life. It doesn’t matter if it’s for personal use, for emergency purposes, or business intent. The fact that a lot of us have credit cards proves the point. Even the richest and most successful of businessmen has done it at least once. We have all asked for help. It’s nothing to be ashamed about. What matters is that we have every intention of paying it. Continue reading
Sometimes in life, no matter how hard you try, it is just impossible not to lose balance and trip. This is true in all aspects of life, including in business. Especially these days when even the world’s superpowers are troubled with global economic crunch, business here in the Philippines can suffer all the more. Continue reading
Risks are common in business. As a matter of fact, everyone who wishes to embark on a business venture is expected to take risks. And risks involve possibility of losing money in a venture that may or may not take off. Even when the business is already in operation for a month or even a decade, there are times that you still need to shell out more money for it to continue and compete with others. That’s when loans business type comes in handy.
Loans for business can save your venture should you find it in a dangerous position of closing down. There are always new competitions springing out in the market. There are always new products, services, and techniques that can trump your own so-called tried-and-tested merchandise and methods. When this happens, we know we need to step up and improve our business, whether it’s through services, products, facilities, or even just advertisement. Continue reading
There are things in life that we just need to have at the right moment. Sometimes it doesn’t matter if it is for something that we feel will become lucrative, for an emergency need, or even just for our whim. We just need to get what we want sometimes. Continue reading
