Living in a bustling city like Cebu City means you’ll need to keep up with the fast-paced lifestyle of its residents. With that being said, there will come a time when you will need extra financial help, whether it’s for a personal emergency or a business venture. That’s where loan agencies come in handy. However, with several loan agencies available in the city, it can be overwhelming to choose the right one that will cater to your needs.
Also Read: List of Loan Agencies in Talisay City, Cebu
Loan agencies in Cebu City provide an important service for individuals and businesses seeking financial support. These agencies offer different types of loans, catered to different needs and situations. Whether it’s a personal loan for medical emergencies or a business loan to expand operations, they provide flexible and customized loan options. With their expertise and knowledge, loan agencies can guide their clients in choosing the best loan option and help them understand the terms and conditions. If you’re looking for financial assistance, loan agencies in Cebu City are a reliable source for loans.
What is Loan Agency?
Loan agencies provide loans to individuals and businesses with flexible requirements, terms, and interest rates. They offer both secured and unsecured loans, depending on the borrower’s creditworthiness. Unlike banks, loan agencies do not provide other banking services like savings accounts or checking accounts.
List of Loan Agencies in Cebu City
We have compiled a list of loan agencies that offer a range of services to those living in Cebu City:
Esquire Financing Inc. Cebu Branch
Address: G/F 148 Residence Building, Pelaez St, Cebu City, 6000 Cebu
Phone: (032) 254 8204
Hours: 9 AM – 3 PM (Monday – Friday)
Citizens Lending Corporation
Address: Noel Tan Building, Colon Street, corner J. Climaco Street, 378 Colon St, Cebu City, 6000 Cebu
Phone: (032) 255 2996
Hours: 9 AM – 6 PM (Monday – Saturday)
GE QUICK LOAN Fast Cash Release for Emergency
Address: F. Cabahug St, Cebu City, Cebu
Phone: (032) 231 6492
Hours: 9 AM – 6 PM (Monday – Saturday)
Lopez – Torres Finance Corporation
Located in: Minaden Realty – Real Estate Brokerage
Address: Corner Echavez Street General Maxilom Ave, Cebu City, 6000 Cebu
Phone: (032) 234 6092
123 Finance Group
Located in: GMC Plaza
Address: ABC Finance, GMC Plaza, M.J. Cuenco Avenue, Legaspi Ext., Cebu City, 6000 Cebu
Phone: (032) 254 0629
Hours: 8 AM – 5 PM (Monday – Friday)
9 AM – 2 PM (Saturday)
OCS Lending
Address: Osmena Annex Bldg, Pelaez St, Cebu City, 6000 Cebu
Phone: (032) 254 7702
Esquire Financing Inc. Cebu Branch
Address: G/F 148 Residence Building, Pelaez St, Cebu City, 6000 Cebu
Phone: (032) 254 8204
Hours: 9 AM – 3 PM (Monday – Friday)
Silver Finance Inc.
Located in: Medalle Building
Address: Suite 204, Medalle Bldg., Osmeña Blvd, Cebu City, 6000 Cebu
Phone: (032) 254 0658
Visayas Goodwill Credit Corporation
Address: Goodwill Bldg, 210-D Osmeña Blvd, Cebu City, 6000 Cebu
Phone: (032) 416 4643
Lucky 3 Lending Corporation
Address: 25 Panganiban St, Cebu City, Cebu
Phone: (032) 253 7540
Hours: 9 AM – 6 PM (Monday – Saturday)
Assist Loans & Credits, Inc.
Address: 202, Espiritu Building, General Maxilom Ave, Cebu City, 6000 Cebu
Phone: (032) 412 6605
Cebu Shee Na Finance Company Incorporated
Address: Door 8, Gochan Building, Dimas-Alang Street, Cebu City
Phone: (032) 256 3428
Cebustar Lending
Address: 7VWV+JGC, Cebu City, Cebu
Hours: 9 AM – 5 PM (Monday – Saturday)
Budget Finance Corporation
Located in: Cebu Business Park
Address: 2nd SKYRISE Beta, Samar Loop, Cebu City, Cebu
Phone: 0915 852 5325
GUILMARK Finance Corporation
Located in: Cardoc Building
Address: 5 General Maxilom Ave, Cebu City, 6000 Cebu
Hours: 8 AM – 5 PM (Monday – Saturday)
JGC Financing Company, Inc.
Address: Ultra Vistarama Bldg, Legaspi St, Cebu City, 6000 Cebu
Phone: (032) 412 0018
Hours: 9 AM – 5 PM (Monday – Friday)
Hills Finance Corporation
Located in: BDO ATM
Address: 7WW2+3XC, 038 Legaspi St, Cebu City, 6000 Cebu
Phone: (032) 253 1427
Hours: 8 AM–12 PM, 1–5 PM (Monday – Friday)
8:30 AM – 12 PM (Saturday)
Hills Finance Corporation – Rosal St
Address: 8V9X+XRQ, Rosal St, Cebu City, 6000 Cebu
Phone: 22725834
PJH Lending Corporation
Located in: Minaden Realty – Real Estate Brokerage
Address: Room 311, JSP Bldg. Gen Echavez, Corner General Maxilom Ave, Cebu City, Cebu
Phone: 0916 793 4494
GSM Cebu Lending Investor Inc.
Located in: Borromeo Plaza II
Address: 7VVX+X2C, A. Borromeo St, Cebu City, Cebu
Phone: (032) 253 4262
Hours: 9 AM – 6 PM (Monday – Saturday)
Yes Lending Corporation
Address: Room 203, Cebu Long Se Temple Inc., Jasmin St. Cor. Osmena Blvd, Cebu City, 6000 Cebu
Phone: (032) 255 4017
Alpha Diamond Lending Corporation
Address: 817, Club Ultima Towers, Osmeña Blvd, Cebu City, 6000 Cebu
Phone: (032) 254 1574
One 2 Nine Lending Investor, Inc.
Address: 34 M. J. Cuenco Ave, Cebu City, Cebu
Phone: 0943 689 2722
Dolsen Lenders And Creditors Corp.
Address: 80 Osmeña Blvd, Cebu City, Cebu
Ocs Lending Inc
Address: 407 Candido Padilla St, Cebu City, Cebu
Hours: 8 AM – 5 PM (Monday – Friday)
8 AM – 12 PM (Saturday)
EMB Capital Lending Corp.
Address: 0115 Junquera St, Cebu City, 6000 Cebu
Phone: (032) 416 3962
Cebu Money Lenders Corp.
Address: 8V7R+P59, Don Mariano, Cebu City, 6000 Cebu
Phone: (032) 253 1599
Orient Asia Lending, Inc.
Address: 05, Mezzanine Fl, Cebu Long Se Temple, Jasmin St Cor Osmena Blvd, Cebu City, 6000 Cebu
Phone: (032) 254 2716
Cebu Apc Finance
Located in: Asuncion Bldg.
Address: 52 Gorordo Ave, Cebu City, 6000 Cebu
Phone: (032) 412 2007
BPI Family Ka-Negosyo Business Loans
Located in: Ayala Life – FGU Center
Address: Ayala Life-FGU Center, Mindanao Ave. Cor. Biliran Rd., Cebu City, 6000 Cebu
Phone: (032) 231 6318
Mega Lending Investors, Inc.
Address: Door No. 8, Genmar Bldg, Echavez Ext, Cebu City, 6000 Cebu
Phone: (032) 254 8188
Grand Marine Lending Corporation
Address: GAGFA, Wilson St Cor Pasteur, Apas, Cebu City, 6000 Cebu
Phone: (032) 414 1107
Cebu Blue Mountain Financing Corporation
Address: 247 Tres de Abril Street, Cebu City
Phone: (032) 261 1792
Lendmore Credit Corporation
Address: New Cebu Coliseum Building, Sanciangko St, Cebu City, 6000 Cebu
Phone: (032) 255 6934
Hours: 9 AM – 6 PM (Monday – Saturday)
Asian Pension Loan Corporation
Address: Suares Bros. Annex 1 Dr. 1, 52 Osmeña Blvd, Cebu City, 6000 Cebu
Phone: (032) 255 2140
Equitable PCIB
Located in: Krizia
Address: 213, Krizia Bldg, 110 Gorordo Ave, Cebu City, 6000 Cebu
Phone: (032) 231 0510
1st Life Financial Co, Inc
Located in: eden’s Place
Address: Eden’s Place, Cor. Rosal St & Acacia St, Cebu City, 6000 Cebu
Hours: 8 AM – 5 PM (Monday – Friday)
Cebu APC Finance
Address: 8V9P+62C, V Rama Ave, Cebu City, 6000 Cebu
Phone: (032) 415 0430
ZGD Lending Investor Corp
Located in: Modern Blinds Cebu
Address: 479 Archbishop Reyes Ave, Cebu City, 6000 Cebu
Phone: 22365498
Radiowealth Finance Company
Address: 30 Brezlin St, Cebu City, Cebu
LT&G Credit Line Cebu North & South Branch
Address: 2nd Floor, G&A Arcade Bldg, Wilson St, Apas, Cebu City, 6000 Cebu
Phone: (032) 272 1214
Hours: 8 AM – 5 PM (Monday – Saturday)
Mariland Lending Corporation
Address: F. Vestil St, Cebu City, 6000 Cebu
Phone: 0967 421 2666
Hours: 9 AM – 5 PM (Monday – Saturday)
MCC Money Shops Finance Company Inc
Address: Centro Maximo Bldg, Dionisio Jakosalem St, Cebu City, 6000 Cebu
Phone: (032) 254 0952
Cebu APC Finance
Address: 114 Francisco Llamas St, Cebu City, 6000 Cebu
Phone: (032) 414 4017
Shiasee Lending Corporation
Address: 369 V Rama Ave, Cebu City, 6000 Cebu
Phone: (032) 254 8067
Cebu Pyramid Credit Corporation
Address: 8V5R+HH8, B. Rodriguez St, Cebu City, 6000 Cebu
Phone: (032) 254 0634
PSSLAI
Address: 8V2W+W6P, Osmeña Blvd, Cebu City, 6000 Cebu
Phone: (032) 255 4172
Hours: 8:30 AM – 4 PM (Monday – Friday)
Premier Fortune Pension Loans
Address: BF Arcade Building, Colon St, Cebu City, 6000 Cebu
Phone: (032) 316 9988
First Cebu Fund Ventures, Inc.
Located in: Century Plaza Complex
Address: 11, Century Plaza, Commercial Complex, Juana Osmeña St, Cebu City, 6000 Cebu
Phone: (032) 255 8713
Hitrust Finance Corporation
Address: Kintanar Building, 330 Natalio B. Bacalso Ave, Cebu City, Cebu
Phone: (032) 418 5023
Ez Credit Corp.
Address: 0396 Orchid St, Cebu City, 6000 Cebu
Phone: (032) 254 0264
Phillife Finance
Located in: Jesa-ITC
Address: L2, 215 , Jesa-ITC, General Maxilon Avenue , 6000 Cebu City , Cebu, 6000
Phone: (032) 253 0626
MB Credit Consultants
Address: N Bacalso Avenue, Mambaling, Cebu City, Cebu
Phone: (032) 417 8310
Asianlink Finance Corporation – General Maxilom
Address: Corner Echavez Street General Maxilom Ave, Cebu City, 6000 Cebu
Phone: (032) 231 1135
Alano & Sons Credit Corporation
Located in: MIT Building
Address: Mit Bldg., Gorordo Ave, Cebu City, 6000 Cebu
Lease Finance & Credit Corporation
Address: Villalon Bldg, 260 Osmeña Blvd, Cebu City, 6000 Cebu
Phone: (032) 255 0952
AMWSLAI
Address: 8WH3+G7G, Salinas Dr, Cebu City, 6000 Cebu
Phone: (032) 233 0298
Globewest Finance Corporation
Located in: Cebu I.T. Park
Address: 8WJ5+G83, G/F CJRS Bldg., Asiatown IT Park, Cebu City, 6000 Cebu
Phone: (032) 416 4471
Hours: 8:30 AM–5:30 PM (Monday – Friday)
8:30 AM – 12 PM (Saturday)
KPS Seed Microfinance
Address: 7VXG+W2H, Doña Esperanza St, Cebu City, 6000 Cebu
Commodity Lending Investor Inc
Located in: Juliahanns
Address: 9WC9+4M7, Gov. M. Cuenco Ave, Cebu City, Cebu
ORIX
Address: 120 Osmeña Blvd, Cebu City, 6000 Cebu
Phone: (032) 253 7009
Lita Lending Investors
Address: 7VWM+255, Natalio B. Bacalso Ave, Cebu City, Cebu
Phone: (032) 261 5359
ASA Philippines
Address: 8VMV+RQR, Calle Rojo, Cebu City, 6000 Cebu
Armed Forces and Police Savings & Loan Association, Inc.
Address: #4 Molave St, Cebu City, 6000 Cebu
Phone: (032) 233 6507
Hours: 8 AM – 5 PM (Monday – Friday)
Golden Angel L.
Located in: K Bldg
Address: 8WH3+9J4, Salinas Dr, Cebu City, 6000
Phone: (032) 417 2272
Hours: 8 AM – 5 PM (Monday – Saturday)
Social Housing Finance Corporation
Address: Machay Bldg., Gorordo Ave, Cebu City, 6000 Cebu
Phone: (032) 233 6963
Recovery Management Services
Located in: M. Diaz Bldg.
Address: M. Diaz Bldg, Jose Avila St, Cebu City, 6000 Cebu
Phone: (032) 256 0183
A 1 Financial Services Inc.
Address: 8V6X+GG5, General Maxilom Avenue, G/F Albulario Building, Mango District, Cebu City, Cebu, Cebu City
Phone: (032) 232 2254
Cemvedco
Located in: Carbon Market
Address: Carbon Market Complex, M. C. Briones St, Cebu City, 6000 Cebu
Phone: (032) 256 2308
Hours: 9 AM – 5 PM (Monday – Saturday)
ZFA Credit Corporation
Located in: Century Plaza Complex
Address: Century Plaza, Juana Osmeña St, Cebu City, 6000 Cebu
Phone: (032) 255 8925
Southstar Uni Credit Corporation
Address: 509 Lopez Jaena St, Tipolo, Mandaue City, 6014 Cebu
Phone: (032) 564 2739
Hours: 8 AM – 5 PM (Monday – Friday)
CWSLAI
Address: 42 Wilson St, Apas, Cebu City, 6000 Cebu
Sevenways
Address: 7VVR+CWR, Lakandula St, Cebu City, 6000 Cebu
Phone: (032) 340 1873
Mr. Yu Finance Corporation.
Address: 7VWW+343, Corner Climaco Street and Colon Street, Cebu City, Cebu, Cebu City
Phone: (032) 255 2996
First Standard Finance Corporation
Address: Sheridan Bldg, Ouano Ave., NRA, Mandaue City, 6014 Cebu
Phone: (032) 345 5493
PJH Lending Corporation
Address: 8V4V+2RX, J. Osmeña, Cebu City, Cebu
Phone: (032) 254 3919
Alano And Sons Credit Corporation
Address: Villalon Bldg, Osmeña Blvd, Cebu City, 6000 Cebu
Phone: (032) 256 3206
Argus Funds Corporation
front, Saunas Drive, Cebu City, 6000 Cebu
Phone: (032) 415 8766
CMA3 Business Consultancy
Address: Unit 302 3rd Floor Grove Bldg, 2211 V Rama Ave, Cebu City, 6000 Cebu
Phone: (032) 410 9529
Hours: 8 AM – 5 PM (Monday – Friday)
12 AM – 12 PM (Saturday)
Dyno Finance Corporation
Address: 8V6W+93G, J. Llorente St, Cebu City, Cebu
Phone: (032) 255 8791
Hours: 8:30 AM – 5:30 PM (Monday – Friday)
Millennium Cash Finance
Located in: The Eye Factor
Address: B & F Paray Bldg, Jones Ave, Cebu City, 6000 Cebu
Phone: (032) 255 0817
Hours: 8 AM – 4 PM (Monday – Friday)
Taurus Loans & Credit
Address: Aniceta Bldg, Osmeña Blvd, Cebu City, 6000 Cebu
Phone: (032) 254 1286
Cebu Lending Corporation
Address: 8V7R+C38, A. Climaco St, Cebu City, 6000 Cebu
Phone: (032) 253 1599
Citiwide Lending Corporation
Address: 761 M. Pacubas Drive, Cebu City, 6000 Cebu
Phone: (032) 261 2162
Hours: 9:30 AM – 5:3O PM (Monday – Friday)
9:30 AM – 12 PM (Saturday)
Capital And Leverage Lending Company Inc.
Address: Sc-Sit Building, N. Bacalso St Avenue, Cebu City, 6000 Cebu
Phone: (032) 261 2504
Yusay Credit and Finance Corporation
Located in: Green Orkid
Address: Green Orkid, N Escario St, Cebu City, Cebu
Phone: (032) 260 5303
Hours: 8 AM – 5 PM (Monday – Friday)
8 AM – 12 PM (Saturday)
Cebu International Finance Corporation
Address: 8V8P+75F, Cifc Bldg, Cebu City, Cebu
Phone: (032) 232 0308
Cebu Money Lenders Corporation
Address: 40, Don Mariano Cui Street, Cebu City, 6000 Cebu
Phone: (032) 412 4257
J STAR INTERNATIONAL AGENCY INC
Located in: Park Centrale Building
Address: Park Centrale, Jose Maria del Mar St, Cebu City, Cebu
Areas served: Manila and nearby areas
Phone: 0995 421 8670
Hours: 9 AM – 6 PM (Monday – Saturday)
Universe Lending Corporation
Address: Pres Osmena Blvd, Cebu City, Cebu
Phone: (032) 253 6510
Taurus Loans And Credit Corporation
Address: 8V6R+PGF, Don Mariano Cui St, Cebu City, 6000 Cebu
Phone: (032) 254 8483
KGJS Fleet Management Manila, Inc.
Address: RM 104, CRM Bldg., N. Escario St. Cor. Molave St., Cebu City, 6000 Cebu
Phone: (032) 262 0713
Welcome Finance Inc. Cebu
Address: 2/F Mezzanine Trends Plaza, F. Ramos St., Cebu City, 6000 Cebu
Phone: (032) 412 2660
Hours: 8:30 AM – 5:30 PM (Monday – Friday)
Ragin Credit Corporation
Located in: NDI Commercial Complex
Address: NDI Comml Complex, A. S. Fortuna St, Tipolo, Mandaue City, 6014 Cebu
Phone: (032) 238 2286
Asialink Finance Corporation
Address: NEM BUILDING, Mango Avenue corner Rahmann St., (infront of San Carlos boys High and UCPB), Cebu City, Cebu
Phone: 0995 911 4297
Hours: 9 AM – 6 PM (Monday – Friday)
9 AM – 2 PM (Saturday)
ABC Finance Corporation
Located in: QBE Skyrise Beta
Address: 2nd, SKYRISE Beta, Samar Loop, Cebu City, Cebu
Phone: 0915 852 5325
Central Visayas Finance Corporation
Address: 4 G Building, Don Jose Avila, Corner Don Gil Garcia St, Cebu City, Cebu
Phone: (032) 255 1490
Kynan Lending Investor Inc.
Address: 80 Osmeña Blvd, Cebu City, Cebu
Rsp Loan And Credit Corporation
Address: 1543 M. J. Cuenco Ave, Cebu City, Cebu
I Cash Express Lending Corp.
Located in: Century Plaza Complex
Address: Island – Century Plaza Commercial Complex, Juana Osmeña St, Cebu City, 6000 Cebu
Phone: (032) 254 0294
Agus Lending Corporation
Address: 8V7R+GRF, Osmena Street, Cebu City, 6000 Cebu
Phone: (032) 255 7193
A-1 Micro Finance, Inc
Address: Almase Building, 80 Osmeña Boulevard, Cebu City, 6000
Phone: (032) 272 6341
Cebu International Finance Corporation
Located in: CIFC Tower
Address: 8th Floor, CIFC Towers, Juan Luna Avenue corner R. Humabon Street, Cebu City
Phone: (032) 231 7964
DWBH Credit and Finance Services
Address: 8V8V+56W, Don Jose Avila St, Cebu City, 6000 Cebu
Phone: (032) 253 5407
Maydan Loans and Credit Incorporated
Address: 7VM6+XC9, Cebu South Road, Cebu City, 6000 Cebu
Phone: (032) 272 9670
Paramount Finance Corporation
Address: Ayala Life FGU Bldg, Cebu City, Cebu
Phone: (032) 231 3189
Cebu CFI Community Cooperative (Capitol Compound)
Address: Esperanza Fiel Garcia Bldg., Capitol Compound (Capitol Site), N Escario St, Cebu City, 6000 Cebu
Phone: (032) 253 3614
Hours: 8:30 AM – 3 PM (Monday – Saturday)
Asset Credit & Loans, Inc.
Located in: A. Geson Bldg.
Address: 8W32+X2V, Cebu City, Cebu
Phone: (032) 254 1990
Hours: 8 AM – 5:30 PM (Monday – Saturday)
Assist Loans And Credits Incorporated
Address: 8V6W+9PM, General Arcadio Maxilom Avenue, Cebu City, 6000 Cebu
Phone: (032) 233 4561
Angatilu Lending Investors
Address: 7WW2+P64, R. Gullas Street, Cebu City, 6000 Cebu
Phone: (032) 254 3426
Phil Asia Lending Investor Incorporated
Address: 8W55+6G4, General Maxilom Ave, Cebu City, 6000 Cebu
Phone: (032) 231 1105
ASIALINK Finance Corporation
Address: 127 Natalio B. Bacalso Ave, Cebu City, 6000 Cebu
Phil Asia Lending Investor Incorporated
Address: 115 Arellano Blvd, Cebu City, 6000 Cebu
Phone: (032) 254 3177
Small Business Corporation – Cebu
Located in: KepWealth Building
Address: Unit 802-B Keppel Center, Cebu Business Park, Cebu City, Cebu
Phone: (032) 232 1200
Orient Asia Lending Inc
Address: 2nd Floor, Cebu LongSe Temple Building, Osmeña Boulevard, corner Jasmin St, Cebu City, 6000
Phone: (032) 254 2716
Pencarich Lending Corporation
Address: AMF Building, National Highway, Cansaga, Consolacion, 6001 Cebu
Phone: (032) 423 4833
YYKredit
Located in: Cebu I.T. Park
Address: 8WJ5+MH7, Jose Maria del Mar St, Apas, Cebu City, 6000 Cebu
Hours: 8 AM – 5 PM (Monday – Friday)
8 AM – 3 PM (Saturday)
Hills Finance Corporation
Located in: Albulario Bldg.
Address: 46 General Maxilom Ave, Cebu City, 6000 Cebu
Phone: (032) 260 0673
Global Pinoy Center
Located in: SM City Consolacion Parking
Address: SM City Consolacion, Central Nautical Hwy, Lasmac, Consolacion, 6001 Cebu
Hours: 10 AM – 9 PM (Monday – Sunday)
Reliable Lending Investor Inc.
Address: 177 Vicente Gullas St, Cebu City, Cebu
Phone: (032) 253 2404
Asa Philippines Cordova Branch
Address: 7W2X+XGM Day-as, Barangay Road, Poblacion, Cardova, 6017 Cebu
Phone: 0923 956 8844
Glorious Lending Investors
Address: 91 J Osmena St, Cebu City, 6000 Cebu
Phone: (032) 255 8600
Cebu Credit Surety Fund
Address: A. Geson Building, NATCCO, Ground, Dionisio Jakosalem St, Cebu City, Cebu
Phone: 0905 211 1861
Hours: 8 AM – 6 PM (Monday – Friday)
These loan agencies provide a range of services for various types of needs. They can offer financial advice and assistance, making it easier for borrowers to get the loan they need.
What are the types of Loans?
Loan agencies offer a variety of loans, including:
- Personal Loans: You can seek the help of different agencies to get a personal loan for any needs like medical bills, educational expenses, home renovations or other personal expenses. The representatives will guide you in completing the application process and finding the best repayment terms and interest rates that are available.
- Business Loans: Entrepreneurs who want to expand their businesses can approach loan agencies that specialize in providing business loans. These loans can be used to cover expenses such as capital investments and marketing. The loan agents will assess your needs and help you find the most suitable loan options and repayment terms.
- Vehicle Loans: Loan agencies offer vehicle loans for personal and business use. You can utilize the loan for buying any kind of vehicle, such as cars, motorcycles, and more. The loan agents will help you find appropriate loan choices and repayment terms that match your needs.
- Home Loans: If you’re looking to buy a home or invest in property, you can get assistance from loan agencies that specialize in home loans. These agencies will assess your needs and help you find the most appropriate loan options and repayment terms based on your financial situation.
- Customizable Repayment Options: Loan agencies offer different repayment options that are tailored to fit the borrower’s income. These options include equated monthly installments, interest-only payments, and fixed monthly payment amounts. By selecting the appropriate option, borrowers can make their loan repayments more manageable and reduce their financial burden.
Eligibility Criteria
To have a loan approved by agencies, certain eligibility criteria must be met. These criteria include providing a valid form of identification such as a passport, driving license, or voter ID, proof of income or employment, and a bank account statement. Additionally, the borrower’s credit score may be evaluated before approving the loan.
Repayment Options
Different loan agencies provide various repayment schedules, such as monthly, quarterly, or bi-annual payments, depending on the loan type. Besides, some agencies offer a grace period to help clients deal with their immediate financial needs before starting to repay the loan.
Interest Rates and Charges
Different types of loans and lending institutions may have varying interest rates and charges. The annual interest rate can range anywhere from 2% to 10%. Additionally, some lenders may have extra fees such as processing charges, prepayment fees, or penalties for late or missed payments.
Summary
It is evident that loan agencies in Cebu City play a critical role in helping individuals and businesses attain financial stability. They offer customized loan options, flexibility, convenience, and financial advice. If you’re looking for financial assistance, do not hesitate to seek help from reputable loan agencies in Cebu City. You can count on them to provide reliable support and guide you in making informed financial decisions.
