Home Credit Philippines Executives: (L-R) David Minol, Chief Executive Officer; Petr Lukosz, Chief CRM Officer; Shiela Paul, Chief Marketing Officer; Puneet Suneja, Chief Sales Officer and Zdenek Jankovsky, Director and Treasurer
Home Credit Philippines (HCPH), the country’s leading consumer finance company, kicks off its 10th anniversary celebration with the goals of providing more Filipinos access to credit and reaching 10 million customers within 2023.
To celebrate this milestone, Home Credit continues to progressively expand its operations and provide customers with a complete ecosystem of products and service offerings suited to their individual needs and lifestyles.
Home Credit Buy Now, Pay Later Service
As a leading consumer finance provider, pioneering buy now, pay later (BNPL) services in the country. Home Credit has understood the local market and expanded its lifestyle offerings and finance solutions to better support the needs and demand of Filipinos in this new generation.
Over the years, Home Credit has expanded to a robust 15,000 partner stores across 75 provinces in the country and has aggressively grown its online presence through the My Home Credit App. The company has also forged partnerships with the country’s biggest brands and retailers, building a wide selection of 300+ lifestyle commodities ranging from gadgets and smartphones, appliances and furniture, to bicycles and motorcycle accessories, sports equipment, and many more.
Home Credit Cash Loan
Aside from product loans, the company also offers existing customers with good payment histories the opportunity to avail themselves of Cash Loan, which helps them to be more financially capable.
To date, Home Credit has disbursed over 1.8 million Cash Loans to its customers, in which 90% of the contracts were signed digitally and 20% of the applications were processed through the My Home Credit App.
Home Credit boasts of having the fastest cash loan approval and disbursement in 1 minute. Once approved customers can get a Cash Loan ranging from Php 3,000 to Php 150,000 and repayment terms from six to 48 months.
Home Credit Protection Plans
Home Credit believes that availing of its financing products is not the end of the customers’ journey but only the start of it. The company wants to further build meaningful relationships with its customers and be their ally in advocating proactive measures to keep themselves and their families safe and protected.
Home Credit also offers solutions to give the best protection to its customers. They have the option to purchase a range of protection packages:
- Device Protection which can be upgraded with an extended warranty for accidental damage protection.
- Extra Care for flexibility in managing payments.
- Home Content to protect and cover home belongings from any unfortunate incidents.
- Personal Payment Protection that offers unlimited telemedicine service, death and accident coverage, and medical reimbursement.
Home Credit Financial Literacy Program
As the lifestyle partner of every Filipino, Home Credit remains steadfast in its mission of empowering Filipinos, Para sa Life. The company has focused on advocating financial literacy, which aligns with Home Credit’s thrust of championing environmental, social and governance (ESG).
Last year, Home Credit’s flagship financial literacy program Wais sa Home reached more than 20 million Filipinos across the country and has driven onsite financial literacy programs in various provinces, particularly in the communities of Pampanga, Iloilo, Guimaras, Capiz, Antique, and Aklian.
The company also commits to a greener earth with 30 million sheets of paper saved in overall transactions, an equivalent of 2,000 trees conserved due to its digitalization initiative. Aside from that, Home Credit also promotes equity by providing more substantial purchasing power for women who comprise 52% of its customer base.
Home Credit, as the market leader in the consumer finance sector, not only finds strength in numbers but in the strong connections it has made among stakeholders and consumers alike. In its 10th year in the Philippines, the company seeks to become a standard in the consumer finance industry with its commitment to innovation, customer satisfaction, and financial inclusion.
Home Credit Philippines is a financing company duly licensed and supervised by the Securities and Exchanee Commission SEC and by the Bangko Sentral ng Pilipinas (BSP) .
To know more about the latest updates from the company, visit its official website www.homecredit.ph
